iShares has unveiled its inaugural UK range of swap-based ETFs, based on the multiple swap counterparty model, to provide exposure to India and Russia.
The ETF issuer says this development comes in response to growing investment interest in difficult to access markets, where the benchmark indices can be hard to traditionally replicate with low tracking...
What is indisputable is the issue of 'closet trackers' has long been a serious blight on the reputation of the whole active management fund industry.
Simon Gergel, manager of the Merchants investment trust, forecasts a much tighter oil market this year and beyond, with a return to higher prices at some point.
The New Year started, as always, with a flurry of forecasts for the next 12 months. But with equity markets having one of their worst starts, a number of commentators have not had to wait as long as usual for some of their forecasts to look a touch optimistic.
To remain as consultant to firm
Ex-pensions minister sounds stern warning