As the second quarter mercifully draws to a close, many investors are left scratching their heads and wondering just where the world economy will go from here. Just a few short weeks ago, investors were upbeat and many thought that the groundwork had been laid for a second half surge. However, recent events have called this theory into question, as markets around the world limped to the second quarter finish line. Hit particularly hard have been European economies, which have been rocked by a sovereign debt crisis that threatens to send the region into a double dip recession. [click to continue…]
Last weekend, shareholders of Berkshire Hathaway descended on the Qwest center in Omaha, Nebraska to hear a few words of wisdom from the legendary investor and CEO of the company, Warren Buffett. For this annual shareholder meeting, over 35,000 people packed into the arena for what has become popularly known as the “Woodstock for capitalists,” [...]
As the economic recovery has taken root over the last year, one of the most interesting developments has been the widening gap between the emerging and developed economies of the world. High unemployment rates and mounting government debt continue to weigh on the U.S. and much of Europe, while Japan battles the additional forces of [...]
With the Chinese economy continuing to expand at an impressive rate, many investors are looking to allocate greater percentages of their portfolios to this increasingly important market. More and more investors are turning to ETFs as a means of accessing Chinese equities. By far the most popular fund in the China Equities ETFdb Category is [...]
Equity markets snapped a two-day losing streak on Wednesday, as comments from Ben Bernanke indicating that interest rates could remain low for the foreseeable future caused a buying spree on Wall Street. Elsewhere, General Motors announced that it would begin winding down Hummer operations after Chinese regulators rejected a proposed deal while Toyota’s president apologized [...]
Sino-American relations are quickly reaching a breaking point, as the Obama administration continues to spar with the People’s Republic of China over a variety of issues. The first clash was seen in the tariffs proposed on Chinese steel pipe manufacturers last year, followed by another dispute related to tire producers shortly thereafter. The Chinese took [...]
Last year saw more than 100 new product launches, ranging from plain vanilla equity and bond funds to ETFs offering exposure to exotic new investment strategies and asset classes previously available only to a limited slice of the investing community. The innovation that has made ETFs a popular alternative to mutual funds seems ready to [...]
Global X, the issuer behind funds offering exposure to the economies of Colombia and the Nordic region, announced the launch of its newest sector-specific China ETF today. The China Materials ETF (CHIM) will be the latest addition to the line of ETFs offering targeted exposure to the economy of China, which already includes five sector [...]
China’s Purchasing Managers Index rose for the tenth consecutive month in December, signaling a steady expansion in the country’s manufacturing sector. According to the China Federation of Logistics and Purchasing, the index increased to 56.6 in December, up from 55.2 in November. A reading above 50 indicates growth, while a reading below 50 indicates contraction. [...]
Bruno del Ama is the CEO of Global X Management, the New York-based ETF issuer behind several of the innovative exchange-traded products to hit the market in recent months, including the first ETFs offering investors exposure to Colombia and the Nordic region and the first sector-specific China ETFs. He recently took time out of his [...]
Global X Funds, the New York-based ETF issuer that earlier this month launched four of the first sector-specific China ETFs, has added a fifth fund to its product line. The Global X China Energy ETF (CHIE) began trading on the NYSE Arca today, joining Global X funds focusing on the industrials (CHII), consumer (CHIQ), technology [...]
