"Dreyfus Lends Its Clout to Foreign Bond, Cash ETFs" writes WSJ

Jan 29 08

"Dreyfus Lends Its Clout to Foreign Bond, Cash ETFs" writes WSJ. The article quotes WisdomTree Chief Executive Jonathan Steinberg, "Despite U.S. cash being a $3 trillion market segment, today's U.S. investor is surprisingly limited in their ability to easily hold cash in non-U.S. cash investments." The piece adds, "WisdomTree filed a family of cash ETFs for the U.S. and several foreign markets, including the Chinese yuan, Japanese yen and the euro." To date, there are still no "money market" ETFs available to U.S. investors.

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