Category: ETF, Hedge & Mutual Funds

  • A New Way to Mine Gold

    Investors have always been able to buy gold-mining stocks or the metal itself. Now exchange trade funds are reducing the risks and hassles Gold has regained some of its luster over the past few years. Since hitting a low of about $256 per ounce in early April, 2001, the price of the yellow metal climbed…

  • Worldwide ETF assets $313.6B in Feb.

    Global assets trading volume up nearly 20% YTD – report BOSTON – There were 348 exchange-traded funds at the end February with assets of $313.6 billion trading on 31 global exchanges, according to new research released Tuesday by Morgan Stanley. Year to date, worldwide ETF assets under management increased 1.7 percent, while average daily trading…

  • Cayman Islands A Conduit For Asian Hedge Fund Investors

    A surge in interest from Asian investors has contributed to a 100% increase in the number of hedge funds registered in the Cayman Islands during 2004, as more than 1,100 new funds were established in the jurisdiction last year, according to a new analysis released by global offshore law firm Walkers. It means that over…

  • The ETF Industry’s 800-Pound Gorilla

    In a sense, San Francisco-based Barclays is the McDonald’s (MCD) of the ETF world. McDonald’s didn’t invent hamburgers and Barclays didn’t create ETFs, but the companies each exploited and popularized their industry niches to a greater degree than anyone else. Barclays’ family of 99 iShares is the undisputed 800-pound gorilla of the growing ETF market.…

  • New hedge fund to use ‘crisis investing’ strategy

    SAN FRANCISCO (MarketWatch) — Joe Feshbach, who with brothers Matthew and Kurt ran one of the most high-profile short-selling hedge funds of the 1980s, is back. This time, instead of betting against companies, a new hedge fund he’s starting — Joe Feshbach Partners LP — will buy securities of troubled firms. Using a strategy called…

  • Rydex ETF equal-weights S&P 500 stocks

    BOSTON – Exchange-traded funds that invest in widely-held S&P 500 companies can look markedly different, depending on how much they allocate to individual stocks. The Rydex S&P Equal Weight ETF (RSP) invests the same amount — 0.20 percent — in every stock in the S&P 500 index (SPX), rebalancing quarterly to maintain the portfolio. The…

  • China’s first exchange-traded fund starts trading

    BEIJING, Feb. 23 — The mainland’s first exchange-traded fund, or ETF starts trading Wednesday on the Shanghai bourse. The move is aimed at helping to develop the nation’s fledgling stock markets. More than six billion units of Shanghai 50 ETF’s are being listed on the Shanghai Stock Exchange on Wednesday. The index ETF funds are…

  • JPMorgan Unveils New U.S. Mutual Fund Family

    Integration of JPMorgan Funds and One Group Funds Creates 5th Largest Fund Family in the U.S. NEW YORK, Feb. 22 /PRNewswire-FirstCall/ — JPMorgan Asset Management (NYSE: JPM – News) today announced the official completion of the integration between JPMorgan Funds and One Group Mutual Funds, marking the largest mutual fund merger in the history of…

  • BluMont Capital Inc. Launches Offshore Version of BluMont Hirsch Long/Short Fund

    TORONTO–Feb. 15, 2005–BluMont Capital Inc. (TSX VENTURE:BCC) has announced that its wholly-owned subsidiary, BluMont Capital Corporation (“BluMont”) has launched an offshore version of its BluMont Hirsch Long/Short Fund (the “Fund”), which employs a Canadian long/short equity hedge strategy that was established in January 2001 and has generated an annualized net return of 17.8% and a…