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WisdomTree Unveils Asia Debt ETF

WisdomTree Investments will launch a new actively managed Asia bond fund, covering 12 countries, including China, Hong Kong, India, Indonesia, New Zealand and Australia.

    WisdomTree Investmentswill launch a new actively managed Asia bond fund, covering 12 countries, including China, Hong Kong, India, Indonesia, New Zealand and Australia,Index Universereports. TheWisdomTree Asia Local Debt Fundwill also be denominated in local currency.

    The vehicle does not use a benchmark and its constituents are chosen by a WisdomTree investment committee focused on a number of parameters in a given country, such as liquidity, debt-to-GDP ratio, foreign reserves, inflation and unemployment. WisdomTree will also market two other local debt funds, theLatin America Fundand theEMEA Bond Fund.

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