Excerpt courtesy of MarketsMedia Providers of ETFs and mutual funds are using targeted marketing approaches to match the right products with the right customers. With ETFs use climbing among active investors, both retail and institutional, packagers of ETFs view the product as a low-cost vehicle for investors to access…Read More
Courtesy of Todd Shriber/ETF Trends.com MarketsMuse Editor note: From the "what will they think of next dept.." That great American pastime the NCAA Basketball Tournament, also known as March Madness, commences Thursday. The start of March Madness means some lost productivity for American employers as workers sneak a few…Read More
MarketsMuse Editor Note: We keep reading and hearing about "smart beta", including (among many others) the front page story in today's WSJ. Intrigued with this ever-popular 'trend' among professional fund managers, we noticed that Google documents 16,000 references to this phrase alone. Turning the page, we discovered the below snippet…Read More
Extract courtesy of Morningstar/ Abby Woodham reporter "..A well-run index fund is typically characterized by its ability to effectively track its index, lagging only by the amount of its expense ratio. In theory, it should not be possible for an index fund to come any closer to its benchmark's return--but…Read More
Extract courtesy of 11 March story from BloombergBusinessweek reporter Gabrielle Coppola Steven Schoenfeld staked his career on a single belief in 2010: there was latent demand in the U.S. Jewish community to invest in Israeli stocks. That year, the Wall Street veteran founded a company that would create an index…Read More
Mergers and acquisition activities across a number of sectors are picking up rapidly this year. Continued low interest rates are making borrowing cheaper and allowing companies to shore up their balance sheets. This suggests optimism over the global economy. As per Dealogic , the value of mergers and acquisitions across…Read More
Excerpt courtesy of Mar 1 ETF STRATEGY columnist Simon Smith, CFA Fixed income ETFs are poised to take on a bigger role in institutional portfolios, according to a new report from Greenwich Associates. Institutional investors are making sweeping changes to their fixed income portfolios in response to the post-crisis regulatory…Read More
Breaking News..New York, NY Feb 25 Latest Update: 9.45 pm EST At a gala financial industry awards ceremony hosted by Wall Street Letter to recognize the year's top investment banks, institutional brokers and trading technology providers, 300 of the financial industry's senior executives gathered tonight to salute their peers in…Read More
Excerpts Courtesy of MarketsMediaThe lines of demarcation between actively-managed investment vehicles are getting fuzzier with the advent of non-transparent, actively-managed ETFs.Black Rock, State Street, Eaton Vance and T. Rowe Price, among others, have filed applications with the Securities and Exchange Commission (SEC) to develop actively managed non-transparent ETFs that…Read More
Courtesy of Nathaniel Popper Stock traders have the Standard & Poor’s 500. Bitcoin bettors will have the Winkdex. The new financial index takes its name from the Winklevoss brothers, famous for their legal battle with the Facebook founder, Mark Zuckerberg. The Winkdex was released publicly on Wednesday and provides a…Read More
Courtesy of ETF Strategy's Simon Smith, CFA State Street Global Advisors (SSgA) has expanded its range of short-maturity bond ETFs with the launch of the SPDR Barclays 0–5 Year Sterling Corporate Bond UCITS ETF (SYBQ) on the Deutsche Börse (Xetra). The fund, which is linked to the Barclays 0-5 Year…Read More
Excerpts courtesy of John Burke, Wall Street Stock Selector On New Year’s Day of 2014, the sale of recreational marijuana became legal in the State of Colorado and as a result, “pot stocks” got quite high. Many of you probably were not even aware that “pot stocks” were being…Read More
February 5, 2014 -WallachBeth Capital LLC, a leading provider of institutional execution services, announced today that program trading expert Thejas Nalval has joined the firm in the newly created role of Director, ETF & Portfolio Strategy. Mr. Nalval comes to WallachBeth with ten years of industry experience. Prior to his…Read More
David Abner, Head of Capital Markets at WisdomTree shares his wisdom about ETF liquidity and explains the intricacies of the market-making process. A good revisit for any RIA. [youtube http://www.youtube.com/watch?v=bJrJdVo94-s&w=280&h=165]Read More
Excerpt from this a.m.'s Wall Street Journal Across Wall Street, traders take note when big ETF managers like Good Harbor step into the market, moves that can affect prices. At times, they may try to profit by jumping ahead of Good Harbor, potentially chipping away at returns for its investors,…Read More
In the spirit of "..It takes one to know one..." and notwithstanding the "late print," one leading Wall Street broker who specializes in ETFs (and, who typically prefers to play down price predictions and remain focused on best execution vs. best picks) has an interesting 2014 outlook for a select…Read More
Euronext, a wholly owned subsidiary of IntercontinentalExchange Group, has announced the launch of a multi-currency trading service for exchange-traded funds (ETFs), including for the first time on a US or European exchange, the Chinese Yuan Renminbi (CNY) and the Hong Kong Dollar (HKD). The new service will allow international investors…Read More
The following extract from Forbes.com is courtesy of Forbes and their contributing writer Bill Feingold, co-founder of Hillside Advisors. Bill is an alumni of the convertible bond team at GoldmanSachs, Wellesley Investment Advisors and worked for 2 hedge funds specializing in “converts.” He’s also an alum of Wharton (MBA)…Read More