WisdomTree has listed a new range of short and leveraged UK sterling-denominated exchange-traded products (ETPs) covering equity, fixed income and commodity benchmarks on the London Stock Exchange. The new range adds to the existing 68 ETPs under the Wisdomtree Boost product range.

'Over the past year, tactical positioning and hedging has represented the prime use of Boost ETPs,' said Jose Poncela, head of exchange traded notes (ETNs), at Wisdomtree, in a statement. 'These new listings in sterling will allow UK investors to focus on managing the significant upcoming volatility that we expect from Eurozone elections, Brexit and the euro. Managing US equity market exposure remains a key area for investors given the high weight in global benchmarks.'

The new listings cover Eurozone equities with 3x leveraged and 3x short on the Eurostoxx 50 and FTSE MIB, and sector exposure on the Eurostoxx Banks sector index. Uniquely, unleveraged exposure to Italian banks is covered by the Boost FTSE MIB Banks ETP, at a time when the Italian financial sector is undergoing historical changes that investors across Europe will probably have high on their agendas, according to Wisdomtree. US equities, which remain the largest part of global equity benchmarks, can be accessed tactically through 3x leveraged and 3x short ETPs on the S&P 500 and the Nasdaq 100. Fixed-income coverage is provided with the listing of 3x long and short ETPs providing exposure to 10-year Bunds and 10-year BTPs and 3x long ETPs on a 10 year US Treasuries exposure. In commodities, the existing energy complex is complemented with the addition of 3x leveraged and 3x short ETPs on natural gas.

In 2016, Boost ETPs, as a whole, had on-exchange traded turnover of close to $18bn across all European listings, an increase of over 60% on the year. The new cross listings accounted for around 35% of this trading activity and by providing access to sterling-denominated listings on the London Stock Exchange, the listed products company is seeking to increase the solutions available for sterling-based investors.

'These products have had proven traction with our European clients and we believe that they can be complimentary portfolio solutions for managing risk in an increasingly volatile macro environment,' said Morgan Lee, head of European distribution, in a statement

Related stories:
Hong Kong-based managers embrace L&I underlying expansion

SGX to introduce leverage and inverse trackers in Q2

CBOE Vest adds leverage to S&P500 range

WisdomTree deploys Vix and emerging markets leverage/inverse trackers on the LSE