Investment funds are a bit like suits. Some fit just fine off the rack, others need a few alterations. Unfortunately, you can’t call your mutual fund manager and ask him to make a few changes to the fund’s portfolio to suit your tastes. Read the rest of this entry »
The new IndexIQ Hedge Fund ETF is one of the most interesting … and controversial … ETFs to launch in a while. Read the rest of this entry »
Filed Under (Bullion, Investment) by admin on 28-03-2009
Gold marched on despite sluggish ETF investment flows, and industrial metals posted strong gains, supported by higher oil prices and a weaker US dollar. Read the rest of this entry »
What do Dell Computer, Intel, and Microsoft all have in common? Answer: Each of these stocks has underperformed their peer group, S&P technology stocks, over the past five years. Read the rest of this entry »
Filed Under (ETF News, Markets) by admin on 28-03-2009
ETFs and ETNs have not been immune to the global financial crisis, as a number of funds have closed their doors in the last year or so. Read the rest of this entry »
These days anything even remotely connected with financial engineering arouses suspicion. But all financial engineering need not necessarily end up making a hole in the financial system. Read the rest of this entry »
Filed Under (Markets) by admin on 28-03-2009
Rich Gates of TFS Capital recently announced the imminent soft close of his TFS Market Neutral Fund, which has a three-year return of 6.6% a year, vastly beating the three-month LIBOR benchmark that Morningstar judges it by. The fund has $500 million in assets. Read the rest of this entry »
Provident funds raised more money in February 2009 than exchange traded funds (ETFs): NIS 1.2 billion to NIS 430 million. Read the rest of this entry »
Total assets in exchange traded funds fell $45 billion last month, to $451 billion, according to data released today by State Street Global Advisors of Boston. Read the rest of this entry »
Filed Under (Markets) by admin on 16-03-2009
Barclays confirmed Monday it has held talks with interested parties for a potential sale of its exchange-traded-funds business and said it has had a “strong start” in 2009. Read the rest of this entry »