Italy ETF: Financial Sector Reforms Ignite M&A Speculation

Italy’s new shareholder rules could trigger greater merger and acquisitions activity in the financial sector, bolstering the country-specific exchange traded fund. The iShares MSCI Italy Capped ETF(NYSEArca: EWI) rose 1.7% Tuesday. EWI, though, is still down 15.6% over the past year and 2.1%...