Invesco PowerShares enters fixed income ETF space in Europe
Launches US high yield 'Fallen Angels' ETF
Invesco PowerShares is making its first foray into fixed income ETFs for the European market with the launch of a US high yield 'Fallen Angels' product in partnership with Citi.
The new vehicle will be called PowerShares US High Yield Fallen Angels UCITS ETF, and will be a physically replicating Irish-domiciled fund tracking the Citi Time-Weighted US Fallen Angel Bond Select index....
