The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:One Emerging Market ETF Has Avoided the Bloodshed Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, June 18, 2013

One Emerging Market ETF Has Avoided the Bloodshed

News summary by MFWire's editors

Since the beginning of May, the iShares J.P.Morgan[profile] USD Emerging Markets Bond Fund, the PowerShares Emerging Markets Sovereign Debt Portfolio and Market Vectors[profile] Emerging Markets Local Currency Bond ETF have lost over $1 billion in assets combined, according to index Universe.

That's a pretty bleak picture for emerging market ETFs. One Emerging Market ETF has managed to take the vaccine against the outflow virus, however, Fox Business reports: iShares[profile] Emerging Markets High Yield Bond Fund.

The ETF has seen inflows of nearly $5.5 million since early May. It rallied last year on expectations that Turkey and the Philippines would get investment-grade credit ratings, which has come to pass for both countries. It isn't clear skies for the ETF yet--The market is focused on anti-government protests in Turkey and a falling Philippine peso. Until the bad news sets in, however, the ETF is doing better than its counterparts. 

Edited by: Casey Quinlan

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2019
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use