FX news: BarCap launches new EM indices
Barclays Capital has launched its Emerging markets local currency government bond Index family.
The new indices expand the local market coverage of BarCap’s EM index platform and offer investors a new total return benchmark for local currency EM portfolios or global portfolios that include both developed and emerging market government debt.
Waqas Samad, head of index, portfolio and risk solutions at BarCap, says: “Barclays Capital now offers a complete emerging markets index family that measures both local and external EM debt markets in addition to its flagship aggregate, inflation-linked and high-yield index families.
“Global debt managers, many of whom are already using Barclays Capital benchmarks for their fixed income assets, will benefit directly from the unmatched depth, expertise and client solutions offered by our benchmark index platform.”