FTSE Group (FTSE), the award-winning index provider, announced today that it has licensed BGI to use a series of FTSE indices as a basis of a new ETF - the first UK Government bond ETF available to UK investors.
Product issuers are increasingly using FTSE tradable indices as the basis for ETFs and other indexed derivative products. Worldwide, FTSE indices are already supporting 40 ETFs* in a range of asset classes on stock exchanges such as NYSE, LSE, Nasdaq, Euronext, and HKeX.
Imogen Dillon Hatcher, Managing Director, FTSE Group commented: “We are excited that BGI has decided to base this new ETF on our FTSE UK Gilts Index Series. FTSE is well known for its equity index methodology which is also applied to fixed income markets and is now being used to give ETF investors access to this investment space. This new license demonstrates FTSE’s skill in developing index solutions in line with global investor needs.”
The FTSE UK Gilts Indices are a comprehensive family of indices and related bonds data and are based on all eligible British Government Securities. The indices are divided into conventional gilts and index linked gilt indices.
More information about FTSE’s suite of index products is available at www.ftse.com
