Philippines ETF Soars on First Investment-Grade Rating
March 27, 2013 at 12:24 PM EDT
Shares of the iShares MSCI Philippines Investable Market Index Fund (NYSE: EPHE ) are up about 2.4 percent Wednesday and the ETF is flirting with its all-time high after Fitch Ratings became the first major ratings agency to bestow an investment-grade credit rating on the Southeast Asian nation. Fitch upgraded
