fixed income

Aberdeen Asset Management reported a drop in pre-tax profits for the year to the end of September of 82% to £10.5m, down from £60.5m the previous year.

Vanguard has released seven bond index funds, expanding its bond index ETF range to 12 products.

The number of institutional investors using ETFs increased 12% in 2008 with nearly 3,000 investors worldwide holding these funds, according to a report from Barclays Global Investors (BGI).

Lyxor Asset Management has launched two fixed income ETFs tracking government and corporate bond indices on Euronext Paris.

Astor Asset Management has launched a mutual fund of ETFs, combining its Long/Short Balanced ETF programme with active management.

Around 78% of ETF investors believe emerging markets will supersede the west at the end of the recession, according to an investor survey by iShares.

Financial services firm Guggenheim Partners has finalised its acquisition of Claymore Group, a provider of ETFs and other investment products.

iShares has listed seven ETFs on the Amsterdam market of NYSE Euronext, including five accumulating versions of equity-based funds and two fixed income funds.

Grail Advisors has registered two actively managed fixed income ETFs in partnership with McDonnell Investment Management.

iShares is offering fixed income ex-financials funds in its latest range of nine ETFs to be launched on the London Stock Exchange on Monday.