- BlackRock to dissolve iShares Frontier and Select Emerging Market ETF, impacting Nigerian and Kenyan stocks
- Liquidation influenced by economic instability and currency devaluations in frontier markets
Abuja, Nigeria – BlackRock, the world’s largest asset manager, announced it is liquidating its $400 million iShares Frontier and Select Emerging Market Exchange-Traded Fund (ETF), which invests in various frontier markets including Nigeria and Kenya.
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