View more on these topics

Vanguard looks at adding UK high-yield tracker

Vanguard is considering launching a high-yield tracker fund and a range of ETFs to plug the gaps in its UK offering.

Vanguard has a range of nine equity index funds and five fixed-income index funds.

The equity index funds include an emerging markets stock index, Japan stock index, Pacific excluding Japan stock index, global small-cap index, FTSE UK equity index, FTSE UK equity income index, FTSE developed world ex-UK equity index, FTSE developed Europe excluding UK equity index and US equity index.

Its fixed-income offering includes a UK investment grade bond index, global bond index, UK government bond index, UK inflation-linked gilt index and UK long-duration gilt index.

Vanguard head of sales Nick Blake says: “We would consider launching a high-yield bond tracker fund, as it is difficult to get returns from the bond market at the moment.”

Blake says the new ETF products will not be “faddish” or tap specialist markets.

He says: “Some of the funds in the ETF range will be equity ETFs. There is nothing wrong with swap-based ETFs as long as they are transparent.”

Recommended

Hinckley & Rugby BS launches online application system

Intermediaries can now apply for Hinckley & Rugby Building Society mortgages for their clients online. The portal allows intermediaries to print off key facts illustrations, get an automated decision in principle and allows intermediaries to submit the full application online. To date, intermediaries have been able to submit applications to the building society via Trigold, […]

Cofunds to support SEI offering

Cofunds has teamed up with SEI to provide its dealing, settlement and sub-custodian services in support of SEI Global Wealth Services. Cofunds says the service will complement SEI’s existing custody model. Cofunds head of institutional service Christopher James says: “We have worked closely with SEI to deliver a solution that adds value to both parties.” […]

Jelf flexible benefits

In Focus: How to choose a flexible benefits provider — seven top tips

Jelf Employee Benefits looks at some of the key considerations employers should think about when reviewing and choosing a flexible benefits provider. Choosing the right benefits for your employees is one thing but delivering a successful employee benefits strategy is about understanding the complete picture and delivering it in a personalised way so that it resonates with each and every individual in your business. 

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment