LISTED PRODUCT NEWS
BLACKROCK’S ISHARES OFFERS NEW ETFS
The Exchange Traded Funds (ETF) platform of BlackRock, iShares has launched a new swap-based product platform, which gives exposure to India and Russia. This development is in response to the growing appetite for exposure to difficult to access markets. The first products to roll off the platform and list on the London Stock Exchange include the iShares MSCI Russia Capped Swap ETF which tracks the MSCI Russia Capped Index and the iShares S&P CNX Nifty India Swap ETF which tracks the S&P
CNX NIFTY INDIA INDEX.
RBS seminar on commodity trading Tonight RBS is offering a free seminar with David Stevenson providing an overview of current trends in commodities and how investors could potentially benefit from them. With a vast range of asset classes from agriculture to gold, each with different characteristics, investing in commodities can prove difficult for private investors. David Stevenson is a financial journalist and has written a number of books about investing, ETFs and stock picking. The seminar begins at 5.30pm and runs until 7pm. It will be held at 250 Bishopsgate, EC2M.
HEDGE FUND EXPOSURE THROUGH ETFS
The specialist provider of European exchange traded products (ETPs) Source is offering a new passive approach to alternative investment with the launch of two ETFs tracking the Merrill Lynch Factor Model strategy. This strategy aims to replicate the global performance of hedge fund exposure by using a portfolio of six liquid and well-known market indexes. Source’s chief executive Ted Hood said: “The new Source ETFs aim to provide broad, generic exposure to the hedge fund industry, without investing in individual hedge funds.”