IShares launches local currency Bond ETF
BlackRock unit iShares today will launch a local currency bond ETF focused on the emerging markets, bringing it into a market carved out by WisdomTree and Van Eck a bit more than a year ago.
iShares, the Exchange Traded Funds platform of BlackRock has launched the world's first Euro high yield bond ETF offering investors a liquid and diversified access route to the European high yield debt market.