Global X announced today the launch of the first pure play Argentina ETF, bringing to market another option for accessing South America. The Global X FTSE Argentina 20 ETF (ARGT) will seek to replicate the FTSE Argentina 20 Index, a benchmark that includes the top 20 companies within the investable universe of Argentina-domiciled companies or companies that have substantial revenues or assets in Argentina. “ARGT provides a relatively cost effective way to access the second largest economy in South America, a glaring hole in the existing ETF offerings,” said Bruno del Ama, chief executive officer of Global X Funds. [click to continue…]
Global X, one of the fastest-growing ETF issuers, continues to build out the emerging markets portion of its lineup. The company announced today the launch of the Global X FTSE Andean 40 ETF (AND), linked to an index that tracks the performance of the 40 largest companies in Chile, Colombia, and Peru.
Last year was a good year for most asset classes, as investor portfolios continued to recover from the recent recession. The difference in performance between many comparable funds was significant, and many of the best performers of 2010 are relatively small funds that maintain considerably smaller asset bases than their more popular competitors. Below, we [...]
With the new year just around the corner, it seems as if 2010 will go down as a generally positive year for investors. Despite numerous and somewhat serious lingering concerns over the health of the global economy, most asset classes have posted impressive gains on the year as the odds of a “double dip” have [...]
No matter where investors look in the developed world, the picture isn’t pretty. In the U.S. unemployment remains intolerably high, and uncertainty over the latest round of QE will continue to hang over stock markets. In Europe efforts to control surging deficits have been met with protests and public outrage, complicating the process of reeling [...]
The first week of November was poised to be an interesting one for the financial world, and when all was said and done it did not disappoint. The benchmark S&P 500 index soared by 3.6% last week as traders cheered the return of a Republican dominated House of Representatives and strong gains for the GOP [...]
In the wake of the latest global recession, it is the emerging markets of the world that have emerged as the clear drivers of global growth. As a surging consumer segment propels China and India forward, resource-rich Latin America is well positioned to benefit from increased global demand for raw materials–particularly as the U.S. dollar [...]
When seeking out exposure to emerging markets, investors tend to gravitate towards the superstar economies of India and China, two markets that are expanding at mind-boggling rates as cities swell and the middle class becomes wealthier. But Latin America has been another critical driver of global GDP growth in recent years, as the resource-rich continent [...]
To say that the current environment is a challenging one for investors is quite the understatement. With Europe teetering on the brink of a sovereign debt crisis, a “new normal” low growth environment in the U.S., and increasing anxiety over government policies in China, there are numerous potholes in the road ahead for many of [...]
Over the last two years, many investors have become acutely aware of the significant differences in the growth profiles of the world’s developing economies relative to advanced nations. Historically perceived as risky investments, emerging markets have now been firmly established as the primary source of global GDP growth, creating a surge in interest among U.S. [...]
Just weeks after a devastating earthquake sparked a humanitarian crisis in Haiti, another natural disaster has hit the South American nation of Chile. Early Saturday morning, a magnitude 8.8 earthquake, the fifth strongest ever measured in the country, occurred off of Chile’s coast, causing massive destruction throughout the region. At least 100 aftershocks of magnitude [...]
