This Week in ETFs: August 7 Edition

by on August 7, 2009 | Updated August 10, 2009 | ETFs Mentioned:

The excitement has continued to increase in the world of ETFs this week. Here are the ETF Database staff picks of the week’s most important and interesting stories from around the Web:

Claymore Cashes Out at ETFs For the Long Run

After months of rumors swirling over a potential takeover at Claymore, the Lisle, Illinois-based firm agreed to be acquired by Guggenheim Partners, a privately-held institutional money manager. Lawrence Carrel speculates on the rationale for the transaction, as well as what it means for investors and the ETF industry.

Why Everything You’ve Heard About Leveraged ETFs Is Wrong at ETF Database:

There has been plenty of unflattering media coverage of leveraged ETFs recently, with some firms ceasing to offer them for a variety of reasons. Despite the significant amount of coverage, a lot of misleading and inaccurate information about leveraged funds has been spreading. Michael Johnston dispels a lot of the myths surrounding these products, their intended uses, and potential abuses.

A Sector & Asset Class Review With Industry Data at IndexUniverse:

The ETF industry continued to grow, with 10 new products launched in the month of June. Other highlights included a monthly net inflows figure into the ETP industry of $15.29 billion. In this piece, the folks at IndexUniverse take a look at some interesting facts and figures that shed some light on trends in the ETF industry and the equity markets in general.

Leveraged ETFs See Outflows in July at Morningstar:

The ETF industry attracted more than $9 billion in new assets in July, bringing the year-to-date net inflows to about $43 billion. Nine of the top 20 and 11 of the top 22 ETFs on the outflows list were leveraged or inverse funds. This segment had previously taken in about $11.4 billion in net inflows through the first half of the year.

8 Reasons Brazil’s ETF Is Hot, Hot, Hot at ETF Trends:

The recent initiation of an easing global recession together with increased demand for commodities and higher domestic demand has been a benefit to Brazil’s economy. This has opened up a lot of opportunities for investors to achieve gains via ETFs (EWZ up 73.9% year-to-date) with exposure to the BRIC member.

Chris Cook: Energy ETFs Not To Blame at Hard Asset Investor:

An interview with oil expert Chris Cook goes in-depth about speculation in the energy markets and also touches on the role of ETFs.

That’s it for This Week in ETFs: happy reading. Have a great weekend everyone!