Ashmore partners with Source for active EM ETF launch

Emerging markets specialist Ashmore has partnered with ETF provider Source to launch a suite of actively-managed emerging market debt ETFs.

The first two ETFs - Ashmore SICAV Emerging Markets Total Return and Emerging Emerging Markets Corporate Debt - will provide investors with exposure to the underlying active funds via ETF structures. The ETFs will track the underlying funds, offering exposure to the portfolios in a structure that can be widely accessed via the London Stock Exchange. The actively managed funds have already proved popular. The Total Return fund, invests across emerging market corporate bonds, as well as both local and US dollar denominated sovereign debt, has already grown to $1.2bn (£750m). Meanwhil...