(Reuters) BlackRock Inc, the world’s largest asset manager, warned of the risk of so-called inverse Exchange-Traded Products (ETPs) following Monday’s steep decline in financial instruments that bet against wild downward swings in the markets. Monday’s stock market rout left two of the most popular ETPs, which investors use to benefit from calm rather than volatile conditions, facing potential liquidation, market participants said.
BlackRock Warns Of Risk As Inverse Volatility Products Sink
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