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Daily Insurance Industry News
Tuesday 19th of June 2018
December 2, 2012

L&G to launch emerging markets government bond fund

by Gill Montia

Story link: L&G to launch emerging markets government bond fund

Legal & General Investments (L&GI) has received regulatory approval for the launch of an emerging markets government bond index fund, which, when up and running on the 11th December, will be the only UK authorised emerging market government bond index mutual fund.

It will provide passive exposure to emerging market government bonds by investing primarily in the JPMorgan Emerging Markets Bond Index Plus, in bonds denominated in US Dollars.

Simon Ellis, managing director of L&GI, says: “Emerging market government bond funds represent a significant opportunity for investor portfolios, with yields that typically outstrip those of developed market government bond funds.”

 

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