Friday, 19 December 2014
Last updated 27 min 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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.