Pacific Investment Management Co. LLC today launched its first exchange traded fund and filed with the Securities and Exchange Commission to offer six more.
Actively managed exchange traded funds are finally starting to trickle into the market.
Investors poured money into equity mutual funds, including exchange traded funds, in April in a reversal from the previous month, when those funds experienced net outflows, according to a report released yesterday by Financial Research Corp. of Boston.
<i>InvestmentNews</i> interview with William M. Thomas, chief executive of Grail Advisors LLC, who discusses his new venture into launching their first active exchange traded fund and Grail's on-deck plans. Plus get an overview of the state of active ETFs and find out whether advisers think their future is bright.
MacroMarkets LLC announced today the termination of the MacroShares $100 Oil Up Trust (UOY) and the MacroShares $100 Oil Down Trust (DOY), due to assets on deposit falling to less than $50 million.
Exchange traded funds have fared relatively well during the financial crisis, but haven’t been immune to market volatility.
Led by the iShares exchange traded fund group, exchange traded funds are poised to break the stranglehold that mutual funds have on 401(k) retirement plans.
Some industry observers are questioning whether an endowment model of investing — as popularized by the Yale University endowment fund — should be used for individual investors.
The Grail American Beacon Large Cap Value ETF (GVT), an actively managed exchange traded fund, began trading today on the New York Stock Exchange. Grail Advisors LLC of San Francisco is the ETF’s manager.
The day of reckoning has come for the financial services industry.
Invesco PowerShares Capital Management LLC said today that it plans to close 19 of its current 135 exchange traded funds.
AdvisorShares Investments LLC appears to have moved a step closer to launching its first actively managed exchange traded fund.
Equity funds investing primarily in U.S. stocks had a net outflow of $3 billion, reversing the previous week’s inflow of $3.2 billion, TrimTabs reported.
Exchange traded fund assets fell by 13.5% during the first quarter, to $430.15 billion, according to data released today by Barclays Global Investors of San Francisco.
The Vanguard FTSE All-World ex-US Small-Cap Exchange Traded Fund (VSS), which seeks to track the performance of the FTSE Global Small-Cap ex-US Index, began trading today, The Vanguard Group Inc. of Malvern, Pa., announced.
Some providers of exchange traded funds hold out hope that the government will still turn to ETFs to purchase toxic assets — illiquid real estate loans and securities backed by loan portfolios — from banks.
It looks as if Barclays’ iShares exchange traded fund business will be sold to a Luxembourg-based global private-equity firm.
