This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:iShares Launches New Emerging Markets Infrastructure ETF 2009-06-19 09:40 ET - News Release SAN FRANCISCO, CA
-- (MARKET WIRE)
-- 06/19/09 
iShares, the world's largest exchange
traded funds (ETFs) provider(1), today announced the start of trading of
the iShares S&P Emerging Markets Infrastructure Index Fund (NASDAQ: EMIF).
The launch occurs at a time when ETF net flows have been dominated by
emerging markets ETFs. In May, emerging market ETFs' net flows captured
approximately $6 billion of the total $14.9 billion in ETF net flows(2).
"Infrastructure is a rapidly growing investment theme that investors want
to access. Global infrastructure spending is estimated to be $35
trillion(3) in the next two decades due to a particular strain and need for
infrastructure investment in the emerging economies," said Michael Latham,
iShares co-CEO. "Inflows of net new assets into iShares emerging markets
ETFs have been strong all year, indicating a steady renewed appetite for
opportunities outside of developed markets."
The remainder is available to Stockwatch subscribers. If you would like to give the Stockwatch system a try,
click here for a free 30 day trial subscription. |