Thursday, 18 September 2014
Last updated 16 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.
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.