Monday, 22 September 2014
Last updated 2 days ago
Oct 17 2012 | 10:11am ET
An actively managed exchange traded fund has posted double-digit returns in its first year of operation, handily outperforming hedge funds.
The TrimTabs Float Shrink ETF is up 35.14% since its launch on October 4, 2011. It beat the Russell 3000 Index (up 32.85%) and the S&P 500, in addition to beating the gains of most hedge funds as measured by the HFRI Fund Weighted Composite Index, which was up 4.7% through September.
The ETF invests in 100 companies with postive and growing free cash flow that are also actively buying back their own shares.
TTFS is managed by investment adviser TrimTabs Asset Management.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.