Laying the foundations

  Do you use ETFs to access any specific asset classes or areas in particular? We use ETFs to gain our market exposure across asset classes. We are using them for exposure to real estate at present. We tend not to use them for exposure to credit, although we do use them for government bonds, so we are quite specific in our allocation to fixed income. In terms of regions, we have the iShares MSCI Emerging Markets fund which provides our main emerging markets exposure, but we also use the iShares FTSE Xinhua China 25 ETF for our China exposure.  The reason we do not use ETFs for cred...