Lyxor AM has launched an ETF which protects investors against rising interest rates in the US, the Lyxor $ Floating Rate Note UCITS ETF.
The ETF provides exposure to US dollar denominated corporate bonds, which increase their coupon as the three month Libor rate rises meaning the yield is protected in the event of a rise in rates. Asset...
Effective as of 1 November
In this week's inflation print, the UK hit a highpoint. According to the Office for National Statistics, the UK's CPI rate hit 3% - a level not seen in more than 5 years. And it's not just the UK - globally inflation has been creeping up.
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