The head of BGI's iShares business gives his views on slumping market share numbers, ETFs still in registration, spreads and fund expenses.

 

Lee Kranefuss, chief executive officer of BGI's iShares business, recently took time to discuss with IndexUniverse's Murray Coleman the future of exchange-traded funds and recent developments relating to the industry's dominant product line.

 

IU:  Barclays recently renamed the Lehman-based bond indexes to the Barclays Capital moniker. Will the iShares Lehman ETFs change?

Kranefuss:  Barclays Capital completed its acquisition of Lehman Brothers' North American Investment Banking and Capital Markets businesses. As part of the transaction, Lehman Brothers' indices have become part of Barclays Capital. The Lehman indexes are now Barclays Capital indexes. iShares will be renaming those ETFs. It's our practice to include the index provider in the name of the funds; we think that transparency is important for investors. People ought to know which index a fund is following.

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The head of BGI's iShares business gives his views on slumping market share numbers, ETFs still in registration, spreads and fund expenses.

 

Lee Kranefuss, chief executive officer of BGI's iShares business, recently took time to discuss with IndexUniverse's Murray Coleman the future of exchange-traded funds and recent developments relating to the industry's dominant product line.

 

IU:  Barclays recently renamed the Lehman-based bond indexes to the Barclays Capital moniker. Will the iShares Lehman ETFs change?

Kranefuss:  Barclays Capital completed its acquisition of Lehman Brothers' North American Investment Banking and Capital Markets businesses. As part of the transaction, Lehman Brothers' indices have become part of Barclays Capital. The Lehman indexes are now Barclays Capital indexes. iShares will be renaming those ETFs. It's our practice to include the index provider in the name of the funds; we think that transparency is important for investors. People ought to know which index a fund is following.

...

The head of BGI's iShares business discusses the company's slumping market share numbers, ETFs still in registration, spreads and fund fees.

 

Lee Kranefuss, chief executive officer of BGI's iShares business, recently took time to discuss with IndexUniverse's Murray Coleman the future of exchange-traded funds and recent developments relating to the industry's dominant product line.

 

IU:  Barclays recently renamed the Lehman-based bond indexes to the Barclays Capital moniker. Will the iShares Lehman ETFs change?

Kranefuss:  Barclays Capital completed its acquisition of Lehman Brothers' North American Investment Banking and Capital Markets businesses. As part of the transaction, Lehman Brothers' indices have become part of Barclays Capital. The Lehman indexes are now Barclays Capital indexes. iShares will be renaming those ETFs. It's our practice to include the index provider in the name of the funds; we think that transparency is important for investors. People ought to know which index a fund is following.

IU:

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By Keith Fitz-Gerald Investment Director Money Morning/The Money Map Report We can almost hear that ominous "Jaws" theme music in the background and can see that huge dorsal fin as it slices threateningly through the water - knowing full well that the real terror is hidden beneath the water’s surface. But this time around, it’s not a "Great White" that’s sparking our fears; it’s a well-capitalized and broadly based series of secret stock exchanges known as "Dark Pools of Liquidity," "Dark Liquidity," or just "Dark Pools." Most investors have never even heard the term - and are truly shocked to discover these "off-the-books" trading networks actually exist. But to Wall Street insiders looking to anonymously move billions of dollars in stocks, bonds, and other investment instruments, dark pools are de rigueur - especially when you’re an institutional trader who doesn’t want ...

LFC tripled its net profits in 2007, gaining most from the rise of equity markets, however the capital market downturn in 2008 has significantly shrunk LFC’s net profits. This has made LFC’s generic growth a key determinant to its prospects. In 2008, LFC generated a considerably increased premium income as a result of promotion of participating products and increased demand for insurance protection. This can be due to increasing awareness of insurance protection after consecutive occurrence of the natural disasters.

In addition to the limited negative impacts of the earthquake, combined with a concern about the uncertainly of equity market performance, and we recommend...(you have to subscribe)

1. Strong Share Market as the main driver of the Tripled 2007 Profit

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