Nov. 20: The Best ETF Articles In The National Media
Source: http://www.indexuniverse.com/sections/newsinfocus/4937-daily-roundup-thursday-nov-20.html?Itemid=3&utm_source=straightstocks.com&utm_medium=sidebar&utm_campaign=rssPosted on Thursday, November 20th, 2008 | In Exchange Traded Funds
Editor’s Note: The following is a roundup of articles about ETFs, index funds and indexes by sources other than IndexUniverse.com. Comments and suggestions are welcome through email at: mcoleman@indexuniverse.com or mhougan@indexuniverse.com<!–
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GLD Now Has Bigger Gold Cache Than Japan
Gold holdings in exchange-traded funds rose 150 tons in the third quarter, compared with an increase of 4 tons in the previous quarter and 139.5 tons in the same period a year ago, according to industry research compiled by Dow Jones Newswires.
The most popular gold ETF, the SPDR Gold Trust (NYSE: GLD), was the biggest draw for that new money, the report added. The surge in buying pushed GLD’s holdings to more than 770 tons in October, a cache “that exceeds the official holdings of Japan, which has the world’s seventh-biggest gold reserves,” the story noted.
For a broader view of what’s going on in gold markets, you can read the full article here.
Swiss Investors Flocking To ETFs
More costly and complicated investment products are out-of-favor with European investors, reports the Wall Street Journal. “Spooked by complicated and often expensive financial products, many of Europe’s private-client investors are piling into exchange-traded funds as they dump exposure to structured products. That trend is being felt particularly acutely in Switzerland,” writes reporter Tara Loader Wilkinson.
She notes that the Swiss stock exchange figures demand for ETFs grew more than 90% in October compared with the previous month, bringing the amount invested in them to 7.6 billion Swiss francs ($6.3 billion).
Those with WSJ subscriptions can read the full account here.
Jane Bryant Quinn: Investors Wrong On Munis
In her latest Bloomberg column, the renowned financial writer notes that investors “poured a net of $20 billion into municipal funds this year. Then, in late September, they changed their minds. So far this quarter, $7.4 billion has fled the scene.”
Of course, those moves didn’t prove to be very good timing decisions. “Investors may have jumped out of their tax-exempt bond funds at just the wrong time,” Quinn wrote. She goes on to track the recent moves of munis as a whole and does a nice job of looking at all sorts of exchange-traded funds as well as other types of investments.
You can check the story out here.
How Progressive Is Global Transport ETF?
Gary Gordon takes an interesting peek underneath the hoods of the PowerShares Global Progressive Transportation ETF (Nasdaq: PTRP) on Seeking Alpha.
The long-time advisor compares it with the iShares Dow Jones Transports (NYSE: IYT). It’s a short review but winds up pointing out that investors might want to avoid “cutesy” funds. Whether you agree with his conclusions or not, Gordon has an obvious message - know what you’re really buying!
You can read his story here.
Actively Managed REIT ETF
An article on TheStreet.com looks at the launch this week of the PowerShares Active U.S. Real Estate Portfolio, which will trade on the NYSE under the ticker PSR.
Besides launching as the industry’s first actively managed REIT ETF, PSR will be managed by Invesco’s institutional team that has a long history of managing real estate portfolios, the article notes.
It’s not a new story. We actually previewed the new fund ourselves at IU.com. But with its launch now coming, more stories are bound to come. TheStreet’s take can be viewed here.
Last 5 posts by IndexUniverse Staff
- NASDAQ Launches Index Tracking TARP Companies - January 8th, 2009
- Dec. 8: The Best ETF Articles In The National Media - January 8th, 2009
- Jan. 7: The Best ETF Articles In The National Media - January 7th, 2009
- DJ-AIG Commodities Index Changing Weightings - January 6th, 2009
- Jan. 6: The Best ETF Articles In The National Media - January 6th, 2009
bloomberg, Chf, costly and complicated investment products;, Dow Jones, Dow Jones Transports;, Europe, Exchange Traded Funds, financial products, Gary Gordon, index universe, Jane Bryant Quinn;, Japan, PowerShares Global Progressive Transportation ETF;, real estate portfolios;, SPDR Gold Trust, Switzerland, Tara Loader Wilkinson, USD, Wall Street Journal
![]() About IndexUniverse Staff (http://indexuniverse.com)
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. |




