Returns outshine fee concerns for active bond ETFs
Active bond ETF managers have outperformed their passive counterparts amid the current interest rate climate, driving strong capital inflows and impressive returns. Despite persistent criticism over higher costs, investors appear willing to pay a premium for performance.
BlackRock first with broad EMD impact fund
An active fund that mainly invests in green and social bonds from emerging markets was not available until last month, when the BlackRock Emerging Markets Impact Bond Fund was launched. The new fund is one of the first two EMD funds with an Article 9 rating under the SFDR.