From the monthly archives:

September 2010

U.S. equity markets finished their amazing September on a down note, as all of the major indexes declined modestly in the last day of trading in the third quarter. The Dow fell by 0.4% while the Nasdaq and the S&P 500 both slipped by 0.3%. In commodity markets, gold finally ended its run-up as it declined by close to $20/oz. before ending the day back close to the $1,310 mark. Meanwhile, oil managed to continue its recent bull run finishing the day just shy of the the important $80/bbl. level, a mark unseen since early August. [click to continue…]

{ Comments on this entry are closed }

In recent years, few corners of the investing world have been the subject of as much controversy, misinformation, and confusion as the leveraged ETF space. Last summer these securities received widespread coverage from the financial media, much of it either implying directly or alleging that leveraged ETFs were flawed investment vehicles designed to dupe average investors out of their money. That prolonged debate over the merits of leveraged funds was somewhat frightening–it highlighted the ignorance of some well-respected publications–but the end result seemed to be an increased emphasis on investor education and a clearer understanding of what leveraged ETFs are and are not designed to do. [click to continue…]

{ Comments on this entry are closed }

Competition in the semiconductor ETF space has always been fierce, with no fewer than four products (SMH, IGW, XSD, PSI) from four different issuers (Merrill Lynch, iShares, State Street, PowerShares) all targeting a relatively narrow slice of the tech sector. Perhaps aiming to capture a greater portion of this market, iShares recently announced plans to […]

{ Comments on this entry are closed }

Despite a September surge in equities, the U.S. economy continues to stagnate thanks to increasing political uncertainty and high levels of unemployment which seem unlikely to go away anytime soon. Due to this, many Americans have lost faith in the economy and its ability to produce jobs in this post-financial crash world. While many perceive […]

{ Comments on this entry are closed }

Equity markets finished a volatile Wednesday session in the red, as continued weakness in the financial sector helped to drag down stocks in the final hour of trading. The broad S&P 500 led the decliners, posting a loss of 0.3% but was trailed closely by a 0.2% loss by the Dow and a 0.1% dip […]

{ Comments on this entry are closed }

UBS rolled out the latest addition to its rapidly-expanding suite of MLP products on Wednesday, launching the E-TRACS 1x Monthly Short Alerian MLP Infrastructure Total Return ETN (MLPS). The new exchange-traded note is designed to provide short exposure to the MLP Infrastructure market by tracking the inverse performance of the Alerian MLP Infrastructure Total Return […]

{ Comments on this entry are closed }

After watching rival Vanguard roll out more than a dozen domestic equity ETFs earlier this month, iShares continues to focus its attention on international stock markets, rolling out three new ETFs on Wednesday. The new funds include the MSCI Philippines Investable Market Index Fund (EPHE), MSCI Small Cap Brazil Index Fund (EWZS), and MSCI Small […]

{ Comments on this entry are closed }

As the ETF industry has surged ahead in recent years, one company has managed to dominate the space by amassing more assets than almost all of its competitors combined. That firm is of course iShares, which currently has over 200 ETFs including nine that have cracked the impressive $10 billion in assets under management mark. […]

{ Comments on this entry are closed }

With the spotlight on Europe and the U.S. all year, most of the world has paid little attention to developed economies in the Pacific region. But for nearly all of 2010, the Japanese yen has been surging against the greenback, with the yen ETF, FXY, gaining over 10% this year. This movement has left many […]

{ Comments on this entry are closed }

After plunging to start the day, equity markets recouped losses in afternoon trading to finish the third-to-last session of September in positive territory. All of the major indexes finished ahead by roughly 0.45% while gold fought off an early slide to finish the day above the psychologically important $1,300/oz. mark, posting another new record for […]

{ Comments on this entry are closed }

As the fourth quarter nears, the ETF industry remains in flux. A number of newcomers are preparing to to jump into the ETF waters while others, such as Geary and Old Mutual, are pulling the plug on ETF dreams. And competition among some of the industry’s bigger players is heating up, as recent product development […]

{ Comments on this entry are closed }

Rob Arnott’s footprint on the ETF industry just might be getting a little bit bigger. ProShares, the Maryland-based leveraged and inverse ETF giant, recently filed details with the SEC on an ETF that would seek to track the performance of the RAFI US Equity Long/Short Index. That benchmark is based on a methodology devised by […]

{ Comments on this entry are closed }