industries this year to take advantage of growing demand for emerging-market stocks,” Bloomberg Reports.
We plan to have new ETFs in Brazil and Chile,” Daniel Gamba, Barclays Global Investors’ executive director for Latin America, said in a phone interview from San Francisco. “There’s going to be some activity in the last quarter of this year.”
IShares is waiting for regulatory clearance to trade the funds in local markets, he said. IShares already has three Brazilian ETFs that trade in the Sao Paulo stock exchange — iShares BM&FBovespa Midlarge Cap, iShares BM&FBovespa Small Cap and iShares Ibovespa. The company may also offer ETFs tracking Argentine and Colombian stocks in New York next year, Gamba said.
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