BlackRock, Inc. (NYSE: BLK), the parent company of iShares, the world's largest issuer of exchange traded funds, on Thursday expanded its lineup of currency hedged and fixed income exchange traded funds with the introduction of one new ETF: The iShares Currency Hedged Global ex USD High Yield Bond ETF (NYSE: HHYX).
For the year ended June 2015, investors allocated $48 billion to various currency hedged funds, but those inflows have accelerated in significant fashion this year with the WisdomTree Japan Hedged Equity ETF (NYSE: DXJ) and the Deutsche X-trackers MSCI EAFE Hedged Equity ETF (NYSE: DBEF) combining for year-to-date inflows of more than $25 billion.
The iShares Currency Hedged Global ex USD High Yield Bond ETF is the first currency ...
/www.benzinga.com/trading-ideas/long-ideas/15/07/5720381/currency-hedging-makes-its-way-to-junk-bond-etfs alt=Currency Hedging Makes Its Way To Junk Bond ETFs>Full story available on Benzinga.com
More...