MarketsMuse update courtesy of extract from Bloomberg LP Elena Popina and Jackie Klauberg Что ты собирáeшься дéлать с таки́ми больши́ми деньгáми? (translation: What are you going to do with all that money?) Investors are piling into the biggest exchange-traded fund tracking Russian equities at a record pace as the cheapest…Read More
In an effort to reign in a powerful campaign to launch secret sauce ETFs that have no business being used by ordinary investors, the SEC scored a smackdown on the creation of non-transparent ETFs in a recent ruling that blocks plans by ETF giant BlackRock as well as Precidian Investments…Read More
MarketsMuse post courtesy of extract from report by Barron's Johanna Bennet..our Editorial team leads in with "How could anyone think that an ETF (actively-managed or passive) that doesn't disclose the underlying components to its investors could pass muster with regulators, no less investors? The SEC has denied requests that would…Read More
MarketsMuse salutes the news reporting below courtesy of industry news publication CoinDesk and reporter Daniel Palmer Coinfloor has revealed plans to launch a bitcoin exchange traded fund (ETF) and accept additional fiat currencies as part of its efforts to expand internationally. Starting immediately, the UK-based bitcoin exchange is allowing customers to make deposits…Read More
MarketMuse update courtesy of exclusive reporting by Reuters' Jessica Toonkel On the heels of this week's announcement by Janus Capital to acquire ETF Issuer VelocityShares, presumably as a vehicle for Bill Gross to further package his fixed-income strategies, and this past June's announcement from the London Stock Exchange to acquire…Read More
MarketsMuse Editor Note: Our editorial team leader has spent more than 15 minutes across the capital markets throughout almost 30 years and in the course of hearing and reading about all of the most recent initiatives to electronify the corporate bond markets so as to 'get in front' of the…Read More
Below extract is courtesy of Oct 13 edition of ETFtrends.com and senior editor Todd Shriber The United States Oil Fund (NYSEArca: USO) is off 6.4% in the past month as West Texas Intermediate, the U.S. benchmark oil contract, ominously descents to $80 per barrel. Oil’s slide has wrought havoc for…Read More
Janus Capital Group Inc. said Monday it agreed to acquire exchange-traded product firm VelocityShares for at least $30 million. The acquisition comes on the heels of Janus' hiring of Bill Gross, one of the most successful bond investors in history, from Pacific Investment Management Co., the firm he co-founded in…Read More
If this week's volatility has unnerved you, take a deep breathe, sit back and consider the following assessments courtesy of global macro strategy think tank Rareview Macro and extracts of this a.m. edition of "Sight Beyond Sight." The Puzzle [caption id="attachment_1904" align="alignleft" width="200"] Neil Azous, Rareview Macro LLC[/caption] Today's edition…Read More
Industry publication Traders Magazine announced last night the 2014 "Wall Street Women: Celebration of Excellence" Awards and recognized 19 of The Street's Finest Gals across 19 categories, including top gun awards for leadership, mentorship and trading. [caption id="attachment_2209" align="alignleft" width="248"] Mary Clark, WallachBeth Capital[/caption] Giving equal accolades to both buy-side…Read More
Below commentary is courtesy of Oct 8 a.m. notes from macro-strategy think tank Rareview Macro LLC's "Sight Beyond Sight" and is provided as a courtesy to MarketsMuse readers who embrace smart insight. For those with interest in or exposure to the assortment of globally-focused ETFs across asset classes, we think…Read More
CT - October 7, 2014 - Renaissance Capital LLC, a global IPO investment advisor providing institutional research, investment management and indexing services, announced today the launch of the Renaissance International IPO ETF, an exchange traded product that tracks an index of newly public international companies prior to their inclusion in…Read More
Index fund managers are finding it challenging to ensure the bonds they need in the prices they want, driving them to make trade-offs that leave supervisors vulnerable in a market downturn and may hurt investors. Bond liquidity has all but dried up for corporate problems after new regulations and capital…Read More
Below extract courtesy of Investmentnews.com and Trevor Hunnicutt An ambitious European ETF firm backed by former iShares leader Lee Kranefuss charged into the U.S. Tuesday, launching its first fund and throwing down the gauntlet to a “stale” industry. [caption id="attachment_2182" align="alignleft" width="150"] Lee Kranefuss (Bloomberg News Photo)[/caption] The firm, Source,…Read More
As reported by various news outlets on Friday, KCG, the firm that was created last year via a "take-under" of former Knight Capital by HFT market-maker Getco Securities after Knight suffered a $460 million trading loss attributed to a technology snafu, and whose business model somehow continues to pass the…Read More
As electronic trading markets become more fragmented, the majority of large orders are executed via broker-provided execution algorithms. Typically, implementation shortfall trading algorithms are used to slice the parent order into many small ones and spread them out over the time horizon to minimize the slippage between average fill price…Read More
etfmarketmuse post made possible through ETFTrends.com The iShares MSCI Brazil Capped ETF (NYSEArca: EWZ) and other Brazilian ETFs have been enjoying a mostly excellent 2014, but that ebullience has encountered some resistance in recent days. Investors’ willingness to stick by EWZ and Brazilian stocks in the run-up to next month’s national elections is being tested Tuesday…Read More
F-Squared Investments Receives Wells Notice From SEC, and Brokers Back Away Extract courtesy of WSJ and reporter Chris Dieterich and Corrie Dreibusch Three large brokerage firms are distancing themselves from money manager F-Squared Investments Inc., amid regulatory scrutiny of whether the firm overstated its track record. RBC Wealth Management and…Read More