A New ETF Managed By ‘Random Roger’
In Global Macro Strategy> By MarketsMuse Staff Reporter
Courtesy of Brendan Conway Once upon a time, exchange-traded funds were simple index trackers. Nowadays you see the launch of products like the AdvisorShares Global Alpha & Beta ETF (RRGR). This actively managed exchange-traded fund, which launched on NYSE Arca today, is built to reflect manager Roger Nusbaum’s ”tactical” and “global asset-allocation strategy (and his stock picks), […] Read More

12 July, 2012

HARD is On:Currency-Centric ETF
In ETF News> By MarketsMuse Staff Reporter
by Cinthia Murphy United States Commodity Funds, the firm behind the $1.25 billion U.S. Oil Fund (NYSEArca: USO), filed paperwork with U.S. regulators to market its first currency fund, this one a futures-based currency ETF that would serve up exposure to a basket of five currencies at a time. The U.S. Golden Currency Fund (NYSEArca: […] Read More

10 July, 2012

Cash Management ETFs Will Boom..
In ETF News> By MarketsMuse Staff Reporter
Commentary below courtesy of Paul Amery, IndexUniverse.eu Forbes columnist Ari Weinberg points out that bond ETFs should be seen as the “money market fund of tomorrow”, and he’s right. Exchange-traded funds (ETFs) are well-positioned to make significant inroads into the US$2.7 trillion money market fund (MMF) sector, which is fighting a fierce rearguard action to […] Read More

5 July, 2012

ISE Lifts a Leg: Plans to Introduce Yet Another…
In Strike Price, Tech Talk> By MarketsMuse Staff Reporter
The International Securities Exchange (ISE), the venue that bills itself as the first all-electronics options exchange in the United States will open a second by year’s end. The company has has filed a Form 1 application for a second exchange license with the Securities and Exchange Commission. No details about the products to be traded, […] Read More

5 July, 2012

UBS breaks ETF launch record
In ETF News> By MarketsMuse Staff Reporter
  UBS is aiming to break into Europe’s exchange-traded fund big league following the listing of 64 of its funds on the London Stock Exchange, the largest number ever admitted to the LSE on a single day. According to the LSE, the launch, which follows the listing of a suite of products by Vanguard Asset […] Read More

28 June, 2012

Exchanges Duel With Newcomers Over Trading Transparency; Payment for…
In Tech Talk> By MarketsMuse Staff Reporter
  June 26, By Nathaniel Popper MarketsMuse Editor Note: In what might prove to be the catalyst for even greater scrutiny of securities industry practices re market transparency, below extracts of article from front page of NY Times June 26 Business Section i.e. profile “lit” v. “dark” liquidity centers–and the nuances by which investor order […] Read More

27 June, 2012

MLPs: What You Didn’t Know-ETP Insight From An Expert
In ETF News, People Profiles> By MarketsMuse Staff Reporter
It took only 18 months for assets in MLP exchange traded products to grow from almost nothing to nearly $7.5bb. What’s more amazing is that while the number of ETPs available in the market has grown significantly, nearly all of the inflow of assets into MLP ETPs has been captured by only 2 funds: AMJ–JPMorgan […] Read More

26 June, 2012

ETFs Passive No More in Challenge to $7.8 Trillion…
In ETF News> By MarketsMuse Staff Reporter
By Christopher Condon on June 26, 2012 Exchange-traded funds are posing a new threat to the $7.8 trillion market for active mutual funds by challenging the notion ETFs are only good for tracking benchmarks. The $552 million First Trust Health Care AlphaDex Fund (FXH) (FXH), offered by Wheaton, Illinois-based First Trust Portfolios LP, follows an […] Read More

26 June, 2012

J.P. Morgan Alerian Fund ETN (AMJ) Already Shows Premium
In ETF News> By MarketsMuse Staff Reporter
Brendan Conway, June 22, 2012, 11:16 A.M. ET The popular exchange-traded note whose share issuance was capped last week by J.P. Morgan Chase (JPM) is already trading at a premium. Investors who hold the JPMorgan Alerian MLP Index exchange-traded note (AMJ) can either cash out now with unexpected profits or they can ride the note’s unusual mechanics higher […] Read More

22 June, 2012

Blackstone’s GSO Preps Leveraged-Loan ETF With State Street
In ETF News> By MarketsMuse Staff Reporter
Published June 21, 2012 Dow Jones Newswires Blackstone Group (BX) unit GSO Capital Partners has filed paperwork to launch the first actively managed exchange-traded fund dedicated to high-yield corporate loans, apparently sensing demand for floating-rate loans secured on company assets amid exaggerated price swings in fixed-rate “junk” bonds. GSO, based in New York, filed preliminary […] Read More

21 June, 2012

Short TVIX: The Ultimate VIX Contango Trade
In ETF News> By MarketsMuse Staff Reporter
June 19, 2012 Contango is Back The volatility futures curve is back in strong contango, and with it an opportunity to profit from the short trade on volatility linked ETFs/ETNs. For a primer on this trade, see previous articles here and here, but in short it’s an attempt to profit from the bias of investors […] Read More

20 June, 2012

State Street Introduces 2 New Corporate Bond ETFs
In ETF News> By MarketsMuse Staff Reporter
By Benzinga.com State Street’s STT -0.55% State Street Global Advisors unit, the second-largest U.S. ETF sponsor, will introduce two new bond ETFs on Tuesday. The SPDR BofA Merrill Lynch Crossover Corporate Bond ETF will track an index that offers exposure to dollar-deonominated U.S.-issued BBB and BB-rated corporate debt. BBB is the lowest investment grade rating […] Read More

19 June, 2012

Junk ETF Bond Volumes Signal Electronic Demand
In ETF News, Tech Talk> By MarketsMuse Staff Reporter
  by Lisa Abramowicz Trading of exchange-traded funds that focus on junk bonds is soaring while volume in the underlying securities slumps as dwindling dealer holdings prompt investors to seek electronic platforms. Volumes in the two biggest ETFs in June have climbed 22 percent above the six-month average while overall trading for the debt has […] Read More

17 June, 2012

Goldman Highlights ETF Correlations (XLF, XLK, XLU)
In ETF News> By MarketsMuse Staff Reporter
By Benzinga.com In a note out today, Goldman Sachs GS +1.96% said investors are continuing to increase usage of ETFs as hedging tools, a move that is “creating unintended consequences to their portfolios.” Goldman notes that managers and analysts are increasingly creating less-than-desirable hedges due, in part, to surprisingly high correlations among some sector funds. […] Read More

17 June, 2012

JPMorgan Caps Issuance on MLP ETN
In ETF News> By MarketsMuse Staff Reporter
The ETF Professor, Benzinga Staff Writer JPMorgan Chase (NYSE: JPM) announced on Thursday that will cap issuance for the popular Alerian MLP Index ETN (NYSE: AMJ) at 129 million notes. The move is significant because with almost $4.2 billion in assets under management, the Alerian MLP Index ETN is the largest exchange-traded product offering exposure […] Read More

17 June, 2012

What’s Next? ETFs for IPOs. Renaissance Capital Joins the…
In ETF News> By MarketsMuse Staff Reporter
Reported by IndexUniverse’s Devon Layne and Olly Ludwig Kudos to IU for scooping the news media– Renaissance Capital, a research and investment management firm known for its IPO Plus Aftermarket Fund, filed regulatory paperwork requesting permission to offer a broad swath of ETFs targeting U.S. and non-U.S. stocks and bonds, with the first to be […] Read More

14 June, 2012

Private Equity Firms Target ETF Portfolio Managers
In ETF News> By MarketsMuse Staff Reporter
Reporting from Devon Layne, IndexUniverse ETF model portfolio firms are gaining in popularity as FT Capital, Aquiline Capital Partners and other firms seek to enter the space by investing in such firms that specialize in ETF asset allocation strategies, according to an article on Reuters. ETF model portfolios, which invest in a selection of ETFs […] Read More

14 June, 2012

Popular ETFs You Should Never Use..
In ETF News> By MarketsMuse Staff Reporter
  Courtesy of CNBC..By: Lee Brodie Exchange traded funds are among the more popular ways to trade. Called ETFs on the Street they allow investors to diversify risk through a basket of stocks. A pro like trader Steve Grasso of Stuart Frankel who works on the floor of the NYSE, can barely move a foot […] Read More

14 June, 2012