MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
|
|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, July 23, 2013 Here are Today's Major ETF Stories The financial press has ETF Mania. EuroMoney covered Mark Weidman's famous or infamous statement, depending on how you look at it, that ETFs were the "true market." However, the fact that ETFs can be traded out-of-hours or in illiquid markets makes price discovery less clear, causing writers such as Ugo Egbunike at IndexUniverse to criticize the statement. BlackRock staff have walked back the claim recently. Barrons' Brendan Conway reports that KraneShares Vanguard's [profile] China Five Year Plan will make money off of China's Five Year Plan, in an interesting mix between capitalism and well, central planning. The fund will invest in companies that are positioned to profit from the government's policies. IndexUniverse' covered Mark Weidman's' Larry Swedroe analyzed the role of credit risk in ETNs. ETNs' credit risk comes from early redemption mechanisms that can cause investors to ignore credit risk Swedroe warns. To read more, click here, here, here and here. Printed from: MFWire.com/story.asp?s=45053 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |