Jan. 29: The Best ETF Articles In The National Media
Posted on Thursday, January 29th, 2009 | In Exchange Traded Funds
Hedge Fund Manager Einhorn Buying Gold
Despite years of resisting the yellow metal, famed hedge fund manager David Einhorn is finally joining the ranks of gold bugs worldwide and plunging into the market.
As John Spence notes in his MarketWatch.com blog citing a Bloomberg News article, the hedge fund Einhorn controls is buying the SPDR Gold Shares (NYSE: GLD).
You can read his blog here.
Invesco Revamps With PowerShares
This interesting look at the rebound by asset manager Invesco, parent of PowerShares, includes comments by its chief executive about why the mutual fund giant decided to get into the exchange-traded funds market.
The excellent piece, written by MarketWatch.com’s Sam Mamudi, also appears this morning in the sister Wall Street Journal. You can read the story here.
Dollar Gaining Momentum?
In this article in the Chicago Tribune, Andrew Leckey notes that an index tracking the U.S. dollar against other major world currencies last year gained 7%. He also observes that the PowerShares DB U.S. Dollar Index Bullish was up 5% in 2008.
Fundamental market and economic conditions appear ripe to support more upward movement by the U.S. dollar in 2009, experts tell Leckey.
You can read the story here.
Last 5 posts by IndexUniverse Staff
- Will UNL Beat UNG? - November 19th, 2009
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- Stoxx Indexes Bought; Company Valued At $900M - November 13th, 2009
Andrew Leckey;, bloomberg, Chicago Tribune, David Einhorn, Einhorn Buying Gold;, Exchange Traded Funds, index universe, Invesco Revamps;, John Spence;, Sam Mamudi;, SPDR Gold, Wall Street Journal, yellow metal
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IndexUniverse encompasses the world of indexing and beyond. Our website and related subsites cover product and market developments related to index funds, exchange-traded funds (ETFs), index derivatives (futures / options / swaps), and the sophisticated investment strategies which use these financial tools. Our goal is to provide the industry's best news, columns, research, and features about the dynamic field of index-based investing and trading. Industry professionals, individual investors, business/finance students and academic researchers will find various features targeting their interests and needs. We also provide valuable tools and data to assess markets and investment products, and specialized discussion boards for our registered members to exchange cutting-edge ideas and market views. We aim to be educational, thought-provoking, and most importantly, rigorously independent in our perspective. The development of IndexUniverse was a global effort, originally led by Steven Schoenfeld and Jim Wiandt, supported by John Spence and a diverse team in the U.S., Europe and Latin America, and enhanced by editorial contributors from around the world. The site is now managed solely by Jim Wiandt and the global Index Publications LLC team. The site was originally started by Steven as a data and information complement to his book, Active Index Investing, published by Wiley Finance in July 2004. As he recognized the need and potential for such a resource, in August 2003, Steven partnered with Jim, who as editor of The Journal of Indexes similarly recognized the industry's need for timely, useful and independent information on products and markets. |



