Switzerland
Deutsche Bank cross-lists high yield corporate bond ETF
Deutsche Bank is cross-listing its db x-trackers USD High Yield Corporate Bond UCITS ETF DR (XUHY) into Switzerland. XUHY tracks the Bloomberg Barclays US High Yield Very Liquid Index ex 144A using selective sampling.
Corporate action:
BlackRock intends to migrate German ETFs to Ireland
BlackRock intends to migrate its German ETFsto its Ireland-domiciled iShares ETF ranges. The migration, which is subject to regulatory approval, is a response to the German Investment Tax Reform (“Investmentsteuerreform”), BlackRock said in a press release.
BlackRock manages 54 German-domiciled iShares ETFs which had a combined AUM of US$55.4bn. BlackRock's Irish iShares ETF range consists of 266 ETFs with US$294.5bn AUM.
The announcement is available here. We are in conversation with ishares about this as there will be ISIN changes without a takeover or merger, when we have more details we will update.