Fixed income ETF specialist Tabula has entered another European market having been given the green light from Spain's regulator the National Securities Market Commission to distribute its funds in the region.
The ETF promoter is already registered to distribute its products in Portugal as well as listing its first products in Switzerland in June as the company looks to develop its business throughout mainland Europe.
Tabula ETFs are now passported to 15 countries throughout the continent, offering funds with exposure to European credit and credit volatility which is designed to minimise correlation with traditional benchmarks.
BlackRock: Fixed income ETPs drive Q2 global flows
Tabula says it is looking to develop more products within corporate bonds, liquidity solutions, blended portfolios, ESG and Solvency II-efficient funds.
Michael John Lytle (pictured), chief executive at Tabula, said in a statement: “Investment in ETF strategies continues to grow at a rapid rate, and we can see strong appetite from Spanish and Portuguese investors.
“We have had requests from Iberia and so we are pleased to be able to offer the funds to Spanish and Portuguese investors - a dynamic and sophisticated investor base.”
Tabula's available ETFs:
ETF NameTickerTabula European Performance Credit UCITS ETFTCEPTabula European iTraxx Crossover Credit UCITS ETFTECCTabula European iTraxx Crossover Credit Short UCITS ETFTECSTabula J.P. Morgan Global Credit Volatility Premium Index UCITS ETFTVOL