Dubai Dents Emerging Market ETFs
By John Spence, 12/7/09
Investors have piled into exchange-traded funds that track hot performing emerging markets this year, but the tremors from Dubai’s debt scare provide a clear warning of this volatile sector’s risks.
So far this year through October, investors pumped a net $13.2 billion into diversified emerging markets ETFs, according to the latest data from investment researcher Morningstar.
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