Category: ETF, Hedge & Mutual Funds

  • Credit Suisse Asset Management launches Fund

    Credit Suisse Asset Management (CSAM) is to launch a limited issue fund of funds that invests in new launches, offshore vehicles and unregulated funds. As a limited issue portfolio the fund launches at the end of July with 75 million units. It can potentially charge more in management fees than the 4% initial and 1.5%…

  • Are These New ETFs a Good Idea?

    By Dan Culloton – StreetTracks Gold Shares (GLD) , the first exchange-traded fund tracking a commodity, was one of the most successful ETF launches in history. Within weeks of its November 2004 launch it amassed more than $1.5 billion in assets. Is it any wonder that other financial firms are scrambling to introduce their own…

  • First silver ETF filed

    Barclays trust would be based on gold ETF model BOSTON (MarketWatch) — Barclays Global Investors filed an initial prospectus for the first exchange-traded fund to reflect the price of silver bullion. If approved by the Securities and Exchange Commission, the ETF’s shares would trade on the American Stock Exchange under the symbol “SLV.” Each share…

  • In Defense of Hedge Funds

    IT’S BOTH AMAZING AND a little bit bizarre that the same mainstream media that told folks to stick it out for the long haul while the market melted in 2000 and 2001 are now writing smear pieces about hedge funds simply because they’re not minting money this year. Indeed, we’re now in the golden age…

  • First currency ETF filed

    Rydex Investments has filed an application with the Securities and Exchange Commission for the first currency exchange-traded fund that would provide exposure to the euro. Called the Euro Currency Trust, if approved the fund would trade on the New York Stock Exchange under the symbol “FXE,” according to a Tuesday filing. The Bank of New…

  • Hedge funds in the crosshairs

    Hedge funds have long been viewed as one of the more untouchable areas of the financial markets, and now 30,000 Canadian investors, along with a handful of pension funds, know why: Quite literally, they can’t touch their money. More than $1.2-billion they invested in two domestic hedge fund companies has been frozen by securities regulators…

  • British funds sector ‘under threat from tax regime’

    TAX and regulatory burdens could pose a threat to British position as a leading global centre for asset management, according to a report released today. Currently the third-largest global centre for fund management, the UK’s £2.8 trillion industry could lose assets and jobs to low-cost rival centres, a study by the Investment Management Association and…

  • DTCC Forms Alternative Investment Products Advisory Committee

    Sixteen Industry Representatives Team with DTCC to Explore Standard Platform for Processing, Settling Trades of Alternative Investment Products The Depository Trust & Clearing Corporation (DTCC) today announced the formation of an industry advisory committee on alternative investment products to develop an automated, centralized and streamlined approach to the processing of these instruments. Comprising a cross-section…

  • Demystifying hedge funds & investment plans

    Hedge funds are pooled investment vehicles, which are commonly set up as limited partnerships in which the manager acts as the general partner while the investors act as the limited partners. In order to mitigate a particular type of risk, a money manager employs a particular risk management or hedging technique. For example, the market…