Wednesday, 25 November 2015
Last updated 3 hours ago
Feb 28 2013 | 10:55am ET
Exchange-traded fund shop ProShares has launched a private-equity vehicle.
The firm's Global Listed Private Equity ETF debuted today on the BATS Exchange. The new fund, which trades under the ticker symbol PEX, will track the LPX Listed Direct Private Equity Index, which includes 30 p.e. firms.
PEX charges a 2.54% expense ratio.
The ProShares fund is the second p.e. ETF on the market, following Invesco PowerShares' introduction of its Global Listed Private Equity Portfolio last year. That ETF rose more than 30% in 2012.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…