In Peru, iShares Wins First-To-Market Status
June 22nd, 2009
With a global start-up preparing to launch the first exchange-traded fund focused on Peru in coming weeks, industry giant Barclays Global Investors has sneaked to the finish line.
On Monday, the soon-to-be BlackRock Global Investors opened the iShares MSCI All Peru Capped Index (NYSE Arca: EPU). It follows an earlier announcement by fledgling Global X Management Co. of a similar ETF. But that fund hasn’t come out yet, although it’s expected to launch soon.
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