ETFs in High-Yield Seen as Waiting `Accident'

ETFs in High-Yield Seen as Waiting `Accident' Play

Aug. 22 (Bloomberg) -- Exchange-Traded Funds investing in high-yield debt could be a waiting "accident" according to Alan Higgins, U.K. chief investment officer at Coutts & Co., who recently reduced his holding in this asset class. Higgins also discusses his investment in Russian stocks and central bank policy. He speaks with Jonathan Ferro on Bloomberg Television's "On the Move." (Source: Bloomberg)

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