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  • Tracking Mean Reversion After Bad Months

    (Wed, 02 Jul 2008 02:30:44 -0400)

    mebane faberMebane Faber submits:

    Does your investment approach have you in the dark? Feel like having an advisor or portfolio manager is like the blind leading the blind? Maybe it is time to take control of your portfolio with a systematic approach.

    I have talked a lot about various strategies for systematic trend-following and mean reversion on World Beta. In "Time to Put Money to Work" we examined what happens after really bad months in asset...

  • Infrastructure Investment Opportunity Continues to Grow

    (Tue, 17 Jun 2008 08:04:57 -0400)

    Frank Holmes submits:

    The investment opportunity in infrastructure seems to be getting bigger and better all the time, especially in emerging markets.

    Merrill Lynch came out with a new research report that raises the expected spending on emerging-markets infrastructure to $2.25 trillion over the next three years, nearly double its earlier estimate.


    Complete Story »

  • Monthly ETF Update by Asset Class

    (Thu, 06 Dec 2007 11:02:56 -0500)

    mebane faberMebane Faber submits: click to enlarge tables:


    Complete Story »

  • ETF Performance Over the Past Week: Four Metrics of Comparison

    (Mon, 06 Aug 2007 01:17:12 -0400)

    michael bommaritoMichael Bommarito submits: The trend this past week was clear - investors feared that credit risks would spread through the corporate world, either directly or via lending crunch, but still believe that the market can regulate the issue and that fixed-income assets are safe enough.

    I come to that last conclusion by seeing treasuries continue to strengthen against the S&P as well as gold and silver. Worst hit by credit fears, as could be predicted, are small caps, who are obviously most likely to be hit by more...

  • Sector Rotation: Moving Away From Geographically Based Asset Allocations

    (Tue, 03 Apr 2007 13:32:52 -0400)

    Richard Kang submits: Let me start by saying that I received three calls yesterday from the press. On the one hand, I?m happy that my articles are getting some attention and with further coverage in the mainstream press, I am very eager to see how my readership grows (fingers crossed). However, everybody wants to talk about the greater focus on ?active management? in the ETF industry. Is it that surprising?! This is neither bad or good. The industry is simply evolving based on its inner economic conditions, changes in the overall...

  • New Infrastructure ETF From SSGA: A Closer Look

    (Sat, 27 Jan 2007 13:21:19 -0500)

    Richard Kang submits: Bloomberg News has the scoop on an ETF for a new asset class. Well, 'new' except for the hundreds, if not thousands, of large institutional investors who have already implemented exposure to the infrastructure sector.

    Details of the fund
    The article states that the fund will track the Macquarie Global Infrastructure 100 Index. It also specifically mentions the following sub-sectors:

    ? Telecommunications companies
    ? Electricity companies
    ? Water companies
    ? Gas-distribution companies


    Complete Story »

  • Van Eck Global's New ETFs: Steel and Environmental Services

    (Mon, 16 Oct 2006 22:54:34 -0400)

    Richard Kang submits: I received the latest press release form Van Eck Global. Earlier this year, they entered into the ETF market with their first offering ? a gold producer ETF (ticker: GDX). As of September 30, 2006 it has over $250 million in assets and averages over 500,000 shares traded per day. It?s even option eligible. We maintain gold exposure through XGD, an iShare ETF domiciled in Canada giving exposure to stocks in the TSX Gold Subindex. Basically, this would be Canada?s counterpart to GDX....

  • Australian I-Bank Macquarie Now The Largest Foreign Investor in U.S. Real Estate

    (Sun, 06 Aug 2006 14:45:55 -0400)

    Excerpt from our One Page Barron's Summary (receive it by email every week by signing up here):

    Aussie Upstart By Leslie P. Norton


    Complete Story »

  • Two Concerns With the New ETFs Hitting the Market

    (Tue, 20 Jun 2006 03:04:53 -0400)

    Richard Kang submits: There's been alot of recent news about new offerings being introduced by WisdomTree and Powershares and some not so recently by the bigger shops. I have two comments:

    1. Market cap weighted indices.
    Rob Arnott is often credited with the introduction of an alternative to market cap weighted indices ? specifically, the idea of an equal weighted cap index. The data looked conclusive and made a lot of common sense. In many ways, the basic idea overlapped well with the...




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