CAPE TOWN – With offshore investing currently a major theme in South Africa, the availability of international products has become a key interest for local investors and financial advisers. The news that BlackRock has received approval from the FSB to make a range of exchange-traded funds (ETFs) and index-tracking mutual funds available in the country is therefore significant.BlackRock is the biggest fund management company in the world, with assets under management at the start of 2016 of $4.65 trillion. To put that in perspective, the entire South African unit trust industry is only worth about $126 billion.
A few of the more interesting options include the iShares Developed Markets Property Yield UCITS ETF, the iShares China Large Cap UCITS ETF, iShares Global Infrastructure UCITS ETF, and iShares MSCI World Minimum Volatility UCITS ETF.
