Most investors looking to generate alpha and accumulate wealth over the long term spend the bulk of their time determining which asset classes should be included in their portfolio, either as long-term building blocks or shorter-term tactical allocations. But sometimes the most effective means of generating excess returns is not identifying and overweighting the top performers, but identifying and avoiding the laggards. Those with the good fortune to move out of financial stocks in 2008 or 2011, for example, have likely achieved better returns than many of their peers. The most important parts of your portfolio, in many cases, are the asset classes that are excluded entirely [see Five ETFs For Doomsday Capitalism]. [click to continue…]
Momentum continues to build behind actively-managed ETFs, as one of the most successful issuers of these products has stuffed yet another offering into an already full pipeline of ETF ideas. In a recent SEC filing, AdvisorShares detailed plans for the Accuvest Global Opportunities ETF (ACCU), which would be sub-advised by Accuvest Global Advisors. The proposed [...]
Vanguard led all ETF issuers in cash inflows last year, thanks in no small part to a shift among investors towards the most cost-efficient ETF options. Now the company is lowering expenses on six of its international equity ETFs, reflecting greater efficiencies realized in the form of asset growth and operating cost reductions. The ETFs [...]
Old Mutual Global Index Trackers, a South Africa-based division of asset Manager Old Mutual, launched three new ETFs on Tuesday, bringing the number of funds in its product line to five. The new ETFs include:
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 [...]
After decades of flying high and shrugging off crises around the world, U.S. equity markets have fallen on some tough times. The epicenter of the mortgage crisis that evolved into a global recession has scared away many investors away from the U.S. markets, afraid that the worst is yet to come and that the “glory days” [...]
Old Mutual has filed a registration statement for five new ETFs, each of which tracks an index maintained by the FTSE group. Old Mutual, founded in 1845 in South Africa, provides long-term savings solutions, asset management services, and general insurance services in 38 countries worldwide. The new ETFs include: