Fund Focus: 1900 Investments Ramps Up Oil Strategy, Plans New Products
Kevin Miller, founder of 1900 Investments Asset Management, has found the sweet spot with light sweet crude. Miller's long-short Dynamic Oil Strategy, which trades only West Texas Intermediate (WTI), launched in 2012 and has just opened to outside capital. The strategy has returned 105% since inception—including a 64% return last year—and is up 6% year to date.
University of Cincinnati Endowment Uses Passive/Active Blend
An endowment investment program cannot avoid or extinguish risk; rather, it must choose among risks. If we avoid market risk, then the odds we will fulfill the permanent missions of the endowments drop to zero. With negative or zero real returns, spending and inflation reduce an endowment’s buying power with frightening speed. If we have 9 percent spending plus inflation and we invest in T-bills, it only takes about eight years to cut the endowment’s buying power in half.
ETFs, Gold, and Teslas: Where Top US Endowments are Placing Their Bets
Most endowments have ETFs as their highest value investment. In fact, nearly every single endowment has emerging or developing market ETFs from issuers iShares and Vanguard.
Dear Mrs. Buffett, About That Index Fund
But if you and Warren apply the famous Buffett scrutiny to the S&P 500 Index, you might be surprised by what you find. For starters, the S&P 500 is a U.S. large-cap index. The S&P 500 misses out on midcaps and small-caps, and on many of the world’s best businesses.
RIAs surpass wirehouses in ETF asset distribution
ETF assets under management in the RIA channel have grown by more than 62% since 2011 from $217 billion to $362 billion. In the first quarter of 2014, RIAs had $364 billion of ETF assets under management, surpassing the top four wirehouses’ total of $311 billion, according to Access Data, a Broadridge company.
SEC Releases Draft of 2014-2018 Strategic Plan
Therein: possible good news for new ETFs, more oversight on MMFs & short sales, less reliance of credit ratings references, and lots more.
Investors Turn From Once-Hot REITs
Real-estate investment trusts posted negative returns in the third quarter and continued to trail the broader stock market, raising the prospect that the sector is losing its luster in the eyes of inv...
Prudential Investments launches global infrastructure fund
Prudential Investments today announced the launch of the Prudential Jennison Global Infrastructure Fund (NAS: PGJAX), a fund that invests primarily in infrastructure...
Bank of America, Harvard Among Largest ETF Investors: Report
Bank of America Merrill Lynch is the largest institutional investor of ETFs with over $50 billion in the financial products, according to a report...
Franklin Templeton Investments Launches Franklin Global Listed Infrastructure Fund for US Investors
Franklin Templeton Investments today introduced Franklin Global
Listed Infrastructure Fund, providing investors with access to a
growing market...