Mr. Weisbrod, president of Weisbrod Financial Services Inc. and Staar Financial Advisors Inc. of Pittsburgh, is launching sfamoney .com next month as part of an effort to provide advisers and retail investors with model ETF portfolios, commentaries and various other planning tools.
The GCC Titans 40 Index measures the performance of 40 stocks traded in five of the Gulf Cooperation Council nations.
The new ETF is designed to provide access to certain equity markets in the Middle East and North Africa.
Investors can bet on the price of oil going up or down or hedge other investments with the securities.
Hypothetical returns utilized by a host of new exchange traded funds are reigniting a debate about the use of back-tested performance data.
The combined total launches last year of exchange traded funds, variable annuities and closed-end funds surpassed open-end mutual fund launches for the first time, according to Boston-based research firm Cerulli Associates Inc.
Barclays PLC plans to raise $8.9 billion through the issuance of new shares as part of an effort to shore up its balance sheet.
A handful of exchange traded funds are looking to give investors access to frontier markets, or countries that are less developed than traditional emerging markets.
Barclays PLC might receive about $927 million from Sumitomo Mitsui Financial Group Inc. to bolster its depleted balance sheet.
The ETNs are designed to track the short and leveraged performance of base metals and oil.
Total assets at the end of the month were $612 billion, according to State Street Global Advisors.
Select Sector ETFs aim to offer magnified and inverse exposure to indexes in the energy, financial, technology and health-care sectors.
The mutual fund industry, buffeted by volatile markets, unprecedented scandals and new competition, has had a tough time over the past 10 years.
Exchange traded funds were an oddity at the start of the decade.
In 2018, the mutual fund business will look much like today's, industry experts predict.
Three exchange traded funds from The Vanguard Group Inc. declared a 2-for-1 stock split today.
The SEC approved trading in options on the Gold Trust shares and the CFTC approved trading in futures on them.
Creating what may be a new product category, Invesco PowerShares Capital Management LLC has launched three exchange traded funds that invest solely in other ETFs.
Russia's eight-plus-year economic expansion has spread into parts of the country's consumer and retail sectors, presenting a potentially new angle for participation among financial advisers and their clients.
