Lawrence Carrel

ETF Report

 The Russell Reconstitution And Your ETFs

The biggest event on the indexing calendar is the annual reconstitution of Russell Investments’ flagship Russell 3000E Index, of which the Russell 3000, Russell 2000, Russell 1000 and Russell MicroCap Index are subsets.

ETF Report

 If Korea Becomes A Developed Country…

Index providers put a lot of time and effort into deciding whether countries are classified as developed or emerging nations. The choice, to an outsider, seems simple. The U.S. is a developed country, and China is emerging. But breaking that down into a rule-set is more of a challenge.

ETF Report

 Does Hedge Fund Replication Work?

Just days after the stock market hit its March 2009 bottom, IndexIQ, a tiny index provider, launched its first exchange-traded fund, the IQ Hedge Multi-Strategy Tracker ETF (NYSE Arca: QAI). As far as attracting investors, the timing proved inauspicious. Most investors were shellshocked after witnessing the stock market plummet more than 50 percent in 18 months. However, inside the ETF industry, the fund’s hedge fund replication strategy drew much interest. In April, the ETF won Most Innovative ETF and its eponymous index won Most Innovative Index at the 9th Annual Closed-End Funds & Global ETFs Forum, the first time a single firm won awards in both categories.

ETF Report

 Who Is Guggenheim Partners?

With its purchase of Rydex SGI in February, a little-known asset manager by the name of Guggenheim Partners suddenly became the seventh-largest ETF provider in the U.S. Prior to its purchase of Claymore Securities just seven months earlier, Guggenheim had only been involved in one product for retail investors. The truly shocking part is the whole thing might have been an accident.

ETF Report

 ETNs Vs. ETFs

The media has been comparing exchange-traded notes and exchange-traded funds since the first ETN launched in 2006. By now, the outlines of the argument are clear...

ETF Report

 Emerging Market ETFs Compared

With the economies of the U.S. and Western Europe falling into or nearing recession, the idea of diversifying one's portfolio into emerging markets takes on greater significance...

Features and News

Dudzinski Out At XShares

Anthony Dudzinski is out at XShares, the exchange-traded fund provider he co-founded in 2006.

ETF Report

 NSX Seeks To Enter ETF Trading Fray

Standing high above Exchange Place, Joseph Rizzello looks out the windows of his trading floor across the Hudson River to Lower Manhattan. In May, the chief executive officer of the National Stock Exchange (NSX) brought its electronic trading platform from the Midwest to Jersey City, N.J., to take on the big boys of Wall Street. His goal? To fill the competitive void left behind by the New York Stock Exchange's acquisition of the American Stock Exchange...

Features and News

Whither The Precious Metals Markets?

Have precious metals peaked?
  • Holiday demand could see gold rise
  • New silver mines bringing surplus to market
  • Signs unclear for platinum?