Specialist exchange-traded product provider Boost ETP has claimed a market first by unveiling Europe’s "first-ever" triple-leveraged short fixed income ETP on the London Stock Exchange.

The firm - which was acquired by $33.5 billion US asset manager WisdomTree Investments at the start of the year - said in a statement that the product will look to take advantage of the improving UK economy and future interest rate rises. The ETP will provide short exposure to UK 10-year gilts.