PowerShares Will Introduce Multi-Strategy ETF
May 14, 2014 at 12:28 PM EDT
Invesco’s (NYSE: IVZ) PowerShares, the fourth-largest U.S. ETF sponsor, is planning to introduce a multi-strategy alternative exchange traded fund later this month. The PowerShares Multi-Strategy Alternative Portfolio is expected to begin trading on May 29 on the NASDAQ under the ticker “LALT.”...