Thursday, 2 April 2015
Last updated 9 hours ago
Nov 26 2013 | 5:55pm ET
Exchange-traded funds shop Global X Funds is taking its hedge fund "best ideas" vehicle to Latin America.
The New York-based firm has listed its Global X Guru Index ETF, and two other ETFs, on the Bolsa de Valores de Colombia. The firm said it is the first foreign ETF issuer to make its products available in Colombia.
"This is yet another exciting innovation for Global X Funds," CEO Bruno del Ama said. "After extensive work with Colombia regulators and the Colombian stock exchange, we are proud to be the first foreign issuer to bring ETFs to Colombian investors."
The Guru fund debuted last year and seeks to replicate hedge fund returns held by prominent managers as disclosed in their Form 13F filings.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…