Cinthia Murphy

Cinthia Murphy is managing editor of ETF.com, specializing in all things ETFs. Her experience includes time at Dow Jones and former BridgeNews, covering commodity futures markets in Chicago and Brazil equities in Sao Paulo. Murphy has a bachelor’s degree in journalism from the University of Missouri-Columbia.

Features and News

Nasdaq Debuts Correlation-Focused Indexes

 

Nasdaq OMX Group, one of the most widely watched index providers globally, launched five indexes that track correlation between individual stocks and ETFs in a way it says can help investors capture returns even when the market is down.

The Nasdaq OMX Alpha Indexes measure the relative performance of a single stock or ETF against another single stock or leading ETF, which serves as benchmark, allowing investors to adjust their portfolios to reflect that focused performance.

Features and News

Brazil In Focus: Is The Growth Story Real?

Brazil’s success story is for real, but so too are the problems its new president will face.

Features and News

Russell Inks Deal To Create Saudi Indexes

Russell Investments indexes signed an agreement with the Saudi Stock Exchange, Tadawul, that would give it access to prices and other data that would enable it to create equity indexes that track performance of companies in the Middle East. Terms weren’t disclosed.

Features and News

US Commodity Licenses New Copper Index

SummerHaven Index Management, the Stamford, Conn.-based index provider behind the U.S. Commodity Funds’ broad commodities ETF (NYSEArca: USCI), is again expanding that partnership by licensing its recently launched copper index to the fund provider.

Less than a month ago, U.S. Commodity Funds acquired licenses for SummerHaven’s metals and agriculture benchmarks, in a move the company characterized as an effort to expand its roster of commodities funds beyond single-commodity ETFs.

Features and News

Morgan Stanley To Sell Invesco Stake

Morgan Stanley, one the largest U.S. banks, is selling its 6.7 percent stake in Atlanta-based asset manager Invesco just five months after it acquired it.

The sale of the estimated $700 million stake is an effort to “reallocate capital into the firm’s client-driven, flow businesses,” Morgan Stanley’s President and Chief Executive Officer James Gorman said in a press release.

Features and News

Russell-Axioma Indexes Take On Systemic Risk

Russell Investments, one of the world’s leading index providers, along with risk analysis firm Axioma, launched four new factor-based indexes that take on the issue of systemic risk.

Features and News

JP Morgan To Nix Derivatives In Active ETFs

J.P. Morgan joins a growing number of firms that won’t use derivatives in their ETF strategies.

Features and News

PowerShares Drafts Bank Loan ETF

Invesco PowerShares, the Wheaton, Ill.-based exchange-traded fund firm best known for its PowerShares QQQ ETF (Nasdaq: QQQQ) of the 100 biggest Nasdaq companies, filed papers with the Securities and Exchange Commission to launch an ETF that invests in speculative bank loans.

Features and News

Van Eck Rolls Out Rare Metals ETF

Van Eck launches a rare metals ETF in the latest sign of increased competition in the space.