Ratings Upgrade for a Once-Hot Emerging Market
December 12, 2017 at 12:25 PM EST
The iShares MSCI Philippines ETF (NYSEArca: EPHE) is up nearly 16% year-to-date, less than half the returns offered by the MSCI Emerging Markets Index. However, the Philippines exchange traded fund got some good news last week thanks to a credit ratings upgrade. Fitch Ratings upped its rating on...