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State Street and Bloomberg tie up to add zip to bond ETFs

Product that helps navigate low-liquidity in bond markets is being launched in Europe after signing up big fund managers in the US

State Street and Bloomberg tie up to add zip to bond ETFs
Photo: iStockPhoto

A product that helps link buyside and sellside to help navigate low-liquidity bond markets is being launched in Europe after signing up big fund managers in the US.

State Street Global Advisors is to be the launch customer in Europe of a Bloomberg system that allows managers running fixed income exchange-traded funds to better communicate with brokers when rebalancing their portfolios.

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