Invesco PowerShares launches European short-dated high yield ETF

PIMCO to manage portfolio

Tom Eckett
Second product to be listed in Europe since Source acquisition

Second product to be listed in Europe since Source acquisition

Invesco PowerShares has launched a short-term high yield ETF, which will be a Europe-focused version of the firm's existing US product and will be managed by PIMCO.

The PIMCO Euro Short-Term High Yield Corporate Bond Index Source UCITS ETF will invest in a selection of high yield securities with a maximum duration of five years with an issuer cap of 2%, excluding...

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