The choice to shut iShares JP Morgan Euro Bond UCITS ETF (EB3M) and iShares FTSE Italia Mid-Small Cap UCITS ETF (IPIR) was based mostly on “a number of issues”, a spokesperson mentioned, together with their match inside funding portfolios, product demand, investor suggestions and others.
In two separate shareholder notices printed on Wednesday (17 July), the board of administrators mentioned they have been knowledgeable concerning the internet asset worth of each EB3M and IPIR falling “beneath the minimal quantity thought-about to be commercially viable”.
BlackRock agrees £2.55bn deal to accumulate Preqin in non-public markets expansi…
