iShares to unveil fixed income ex-financials funds on LSE

iShares is offering fixed income ex-financials funds in its latest range of nine ETFs to be launched on the London Stock Exchange on Monday.

The range consists of four fixed income ETFs tracking corporate bond indices and five accumulating versions of its existing funds tracking core equity benchmarks. The fixed income offering comprises the iShares Barclays Euro Corporate Bond ex-Financials, the Barclays Euro Corporate Bond ex-Financials 1-5, the Barclays Euro Corporate Bond 1-5 and the iBoxx Corporate Bond ex-Financials. iShares head of sales strategy Europe Nizam Hamid says: "The key focus in our latest issue is the ability to play the credit market, without the risk inherent in financials." He explains that corporat...