{"id":19550,"date":"2011-07-13T01:16:00","date_gmt":"2011-07-12T23:16:00","guid":{"rendered":"http:\/\/beta.next-finance.net\/innovation\/ishares-launches-local-currency-emerging-market-debt-etf\/"},"modified":"2011-07-13T01:16:00","modified_gmt":"2011-07-12T23:16:00","slug":"ishares-launches-local-currency-emerging-market-debt-etf","status":"publish","type":"post","link":"http:\/\/beta.next-finance.net\/en\/innovation\/ishares-launches-local-currency-emerging-market-debt-etf\/","title":{"rendered":"iShares launches local currency emerging market debt ETF"},"content":{"rendered":"<p class=\"post_excerpt\">The new iShares fund offers access to the fixed-rate debt of emerging market governments which is denominated in their local currencies. The fund invests in physical bonds and provides investors with diversified exposure<\/p>\n<p><!--more--><br \/>\niShares, the Exchange Traded Funds (ETF) platform of BlackRock, Inc.<br \/>\ntoday expanded its fixed income range with the launch of the i<strong>Shares Barclays Capital Emerging Market Local Govt Bond<\/strong> fund, listing on the London Stock Exchange<\/p>\n<p>Many emerging market governments issue debt in two forms, US dollar denominations and local currency denominations, which have different yield and risk profiles. The new iShares fund offers access to the fixed-rate debt of emerging market governments which is denominated in their local<br \/>\ncurrencies. The fund invests in physical bonds and provides investors with diversified exposure to a sector which can be difficult and costly to capture directly.<\/p>\n<p>The <strong>iShares Barclays Capital Emerging Market Local Govt Bond<\/strong> fund extends iShares\u2019 European fixed income range to 43 funds with a total of USD 30 billion in assets under management. It specifically complements the iShares JPMorgan $ Emerging Market Bond fund, offering investors<br \/>\ngreater choice in the way they invest in fixed income and in emerging market sovereign debt in particular.<\/p>\n<p>Axel Lomholt, head of product development for iShares EMEA said:<br \/>\n\u201cWe have seen sustained demand from investors for an effective way to access local currency emerging market bonds. Two reasons for this demand are the high yield of these bonds and the currency potential. Over the past two years, many of the emerging market currencies appreciated<br \/>\nversus hard currencies like the US-Dollar, Euro or Sterling. Local currency bonds can be an effective way for investors to benefit from this appreciation.<\/p>\n<p>\u201cThe iShares Barclays Capital Emerging Market Local Govt Bond fund meets this demand by providing investors with liquid and diversified exposure to the debt of eight emerging nations in a single trade. As with all iShares funds, there is also full and daily transparency into the underlying<br \/>\nbonds.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The new iShares fund offers access to the fixed-rate debt of emerging market governments which is denominated in their local currencies. The fund invests in physical bonds and provides investors with diversified exposure<\/p>\n","protected":false},"author":20,"featured_media":19548,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1471],"tags":[1655,1859,1954,1718,1711,1437,1776,2234,1777,1860,2239],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/19550"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=19550"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/19550\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/19548"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=19550"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=19550"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=19550"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}