New Portugal ETF Could Face Immediate Headwinds
November 14, 2013 at 06:30 AM EST
The Global X FTSE Portugal 20 ETF (NYSEArca: PGAL) debuted Wednesday, marking the launch of the first ETF exclusively devoted to the “P” in the PIIGS acronym. Despite solid returns by Lisbon-listed stocks this year and a mostly ebullient tone surrounding Eurozone equities, PGAL could face some...