Over the past two years, the primary focus of world leaders has been the series of economic crises that have threatened to erase years of progress and growth. With all available resources dedicated towards avoiding a prolonged downturn, many social and environmental issues have been moved to the back burner. Now, with a seemingly stable recovery underway, issues that had been pushed aside are returning to the forefront. [click to continue…]
Lisle, Illinois-based Claymore, the ETF issuer that was acquired by Guggenheim Partners earlier this year, announced last week that it will close four of its lightly-traded ETFs. December 11 will be the last day of trading for the following funds:
It’s been an interesting week in the world of ETFs: major indexes trended higher despite an increase in the trade deficit and a lower number for the Consumer Sentiment Index. Here are the ETF Database staff picks of the week’s most important and interesting stories from around the Web:
Through the first six months of the Obama administration, campaign promises were largely moved to the back burner while all available resources were devoted to an economy spiraling further and further into recession. Now that the country has lifted itself out of the recession and a recovery, albeit a fragile one, is underway, Washington has [...]
On Thursday and Friday, the leaders of 19 of the most powerful nations, as well as the leader of the European Union, will meet in the Steel City to discuss a variety of topics ranging from economic integration to energy policy. Pittsburgh was chosen to highlight the dramatic shift in fortunes following the city’s struggles [...]
President Obama is determined to establish the U.S. as “the world’s leading exporter of renewable energy,” but it seems that he may face some stiff competition from a familiar source. According to a recent article in the New York Times, China has established itself as the early leader in the race to become the dominant [...]
Christian Magoon is the President and Senior Managing Director of Claymore Securities, Inc. He recently took time out of his busy schedule to talk with ETF Database.
Investors are gradually becoming enamored with ETFs and the expediency that they offer over their primary rivals (actively-managed mutual funds). Hence, the continuous inflow of funds into these investment vehicles has been of little surprise. Domestic and international growth of ETFs, despite the global recession, has not been hindered. By some accounts ETFs account for [...]
Guggenheim Partners, a global diversified financial services firm, has entered into an agreement to acquire Lisle, Illinois-based Claymore Group, including Claymore Securities, Claymore Advisors, and Claymore Investments in Canada. Claymore is a leading provider of unit investment trusts (UITs), closed-end funds (CEFs), and ETFs. According to June data from the National Stock Exchange, Claymore is [...]
Over the last two years, equity markets have cratered, volatility has skyrocketed, and retirement portfolios have been crushed under the weight of a global recession and seemingly unending uncertainty. But over this period, the ETF industry has enjoyed astonishing success, attracting billions of dollars away from traditional mutual funds and redefining the business of long-term [...]
In his fourth press conference since taking office in January, president Obama focused on establishing sustainable clean energy initiatives and implementing a comprehensive healthcare reform, slowly turning his attention from the financial and economic crises that have consumed his presidency to date. The topics addressed in Tuesday afternoon’s press conferences signal that the administration may [...]
