Non-synthetic inverse trackers cash in on higher-rate environment

Exchange-traded products (ETPs) provider Leverage Shares has reported above market yields on its range of inverse products as a result of current interest rate levels and the unique structure of the firm’s ETPs listed on London Stock Exchange, Deutsche Börse, Euronext and Borsa Italiana. Many ETPs continue to be based on derivatives and swap agreements, which essentially means that investors must pay a not-so-low fee for each day held- this can be multiple basis points per day, depen