UBS global asset management (UBS) is increasing its European ETF foothold as it prepares to launch around 60 exchange-traded funds on to the Italian Bourse in January next year. It is a move which the firm anticipates will put it in contention as one of the leading ETF providers in Europe.
The move will come six months after the issuer listed 66 funds on the London Stock Exchange, the largest ever ETF launch.
iShares has launched the first exchange-traded fund to offer global AAA/AA rated government bond exposure. The iShares Global Government AAA-AA Capped Bond fund has been launched to meet investor demand for high-quality government debt with global diversification, says the issuer.