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QuantShares on Wednesday announced it has licensed seven indexes in the Dow Jones U.S. Thematic Market Neutral Indexes series for individual exchange-traded funds. The ETF start-up has been planning the funds since January.
September 7 -
A tip of the hat to Standard & Poor’s?
September 7 -
NYSE Euronext said it experienced huge surges in stock-trading activity on both sides of the Atlantic Ocean during August. The operator of the New York and Paris stock exchanges said it handled 2.2 million trades a day in Europe, up 70.3 percent from a year ago. This was a record, it said.
September 7 -
Deloitte Consulting has promoted Elizabeth Krentzman from principal to head of its mutual fund practice, a new position at the firm that oversees its auditing, tax, financial advisory and consulting businesses for the fund industry.
September 7 -
Investors have flocked to exchange-traded funds and exchange-traded notes through the first eight months of the year. Year-to-date through August, net cash inflows were $73.2 billion, a 54% increase over the same period in 2010, according to data from National Stock Exchange, Inc.
September 6 -
The Securities and Exchange Commissions Los Angeles district office has obtained an emergency court order halting all operations and freezing the assets of a company it says has been creating the illusion for seven years that it was taking investors money and investing it in life settlements.
September 6 -
Franklin Templeton has launched the Franklin Templeton Global Allocation Fund, which will take a tactical asset allocation approach and consistently adjust its allocations to a widely diversified portfolio of equities, fixed income, cash and derivatives.
September 6 -
Forty-two percent of hedge fund managers became bearish on stocks in August, up markedly from 27% who were pessimistic on equities in July, according to a survey by BarclayHedge and TrimTabs Investment Research. This is the largest percentage of bearish hedge fund managers in a year.
September 6 -
Nasdaq OMX Group said a London broker is installing software from its SMARTS subsidiary to monitor trading activity across a series of derivatives markets for potential abuses.
September 6 -
Exchange-traded funds, a relatively cheap and tax efficient way for individual investors to invest in equities while maintaining a degree of diversification in portfolios, are becoming more popular among wealthier investors and their advisors.
September 6
