A New EM Bond ETF Comes to Town
May 09, 2013 at 12:41 PM EDT
Emerging markets sovereign bonds denominated in local currencies have proven to be a popular destination for ETF investors looking for diversity and better yields beyond U.S. Treasuries. Those investors now have another ETF to choose from with Thursday's debut of the PowerShares Fundamental Emerging Markets Local Debt Portfolio (NYSE: PFEM). The