With Asset-Backed Debt ETF, The Bet Is Can You Pay What You Owe

BlackRock Inc.’s planned iShares Consumer Asset-Backed Securities ETF will invest in notes supported by consumer loans, such as student debt and credit cards, according to a regulatory filing on Friday. If approved, it will be the first ETF to target the ABS market.

from FA News http://www.fa-mag.com/news/with-asset-backed-debt-etf–the-bet-is-can-you-pay-what-you-owe-32850.html

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