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Benzinga
Benzinga
Business
Chandrima Sanyal

BlackRock Hedges Its Bets — Literally (ETF Included)

Why BlackRock’s Monopoly Means Higher Costs For Consumers

In a move that will help satisfy increasing demand for globally diversified fixed income solutions, BlackRock launched the iShares Global Government Bond USD Hedged Active ETF (NYSE:GGOV), the industry’s first and only actively managed ETF providing USD-hedged exposure to global government bonds.

The fund is billed as a game changer for fixed-income investors who wish to lower risk and pursue higher yields overseas, minus the headache of currency risk.

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