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BlackRock terminates cash creation/redemption on a range of credit ETFs


BlackRock said its changes "did not impact the options available to clients seeking to buy and sell ETF units"

BlackRock said its changes “did not impact the options available to clients seeking to buy and sell ETF units”

BlackRock has removed the ability for ETF shares to be created and redeemed in cash on a number of fixed income funds, Investment Week has learned.

Europe’s largest provider of ETFs by assets under management (AUM) made “operational changes” on a “select number” of funds earlier in the year, altering the way an authorised participant (AP) can create…



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