The reasons for the rise of the ETF industry are numerous: intraday liquidity, (potentially) superior tax efficiency, and enhanced transparency relative to traditional actively-managed mutual funds have all contributed to the billions of dollars of inflows that these funds have seen in recent years. But the real attraction for most ETF investors is the reduced expenses these products offer, often only a fraction of the fees charged by mutual funds. [click to continue…]
Global X Funds, the New York-based ETF provider that was the first to offer funds focusing on Colombia and the Nordic region, has filed for approval with the SEC to launch six new ETFs that focus on various sectors of the Chinese economy. The proposed funds include: [click to continue…]
There can be little debate that China’s economy has made tremendous progress over the last decade, implementing market reforms that have brought the world’s most populous nation closer to “developed” status. But there are many areas of China’s economy that remain far behind those of western Europe and the U.S. The slow development of China’s [...]
Claymore certainly doesn’t seem to be resting on its laurels following last week’s announcement that Guggenheim Partners has agreed to buy the firm, including its line of about 35 ETFs with nearly $2 billion in assets. The Lisle, Illinois-based firm has filed with the SEC for approval of the Claymore/AlphaShares China All-Cap ETF. The proposed [...]
Even the most vocal supporters of passive management and indexing have to admit that certain investor track records are far too stellar to attribute entirely to luck. While I’ve frequently disparaged the concept of active investing, I’m still eager to hear what trends legendary investors are following. The Wall Street Journal’s Gregory Zuckerman recently compiled some [...]
