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ETF Trends - 06/19/2013
The share prices of many well-known emerging markets ETFs are not the only things about those funds that are in decline. So are assets under management totals. Since the start of May, the Vanguard FTSE Emerging Markets ETF (NYSEArca: VWO ) and the iShares MSCI Emerging Markets Index Fund (NYSEArca: EEM ) have shed a combined $6.5 billion in assets under management.
Single-country...
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Marketwatch.com - 06/18/2013
Passive index funds have been gaining massive popularity among retail investors for the last several years. The largest ETF has been for a long time the SPDR S&P 500 ETF /quotes/zigman/714403/quotes/nls/spy SPY +0.79% with $140 billion under management, almost three times larger than its nearest competitor.
There are several good reasons for the popularity of these ETFs such as their...
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Seeking Alpha - 06/18/2013
June 19th is the target date for the exchange offer from Pfizer ( PFE ). I wrote my first article here and I concluded at that time to sell Zoetis ( ZTS ) into supply. High quality comments, particularly from bwputts , indicated a necessary analysis of buying interest from index funds. As we are now a day away from the target expiration of the exchange offer, it is time for a...
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AdvisorOne - 06/15/2013
New products introduced over the last week include the availability of W.E. Donoghue's Power Dividend Index Portfolio through Envestnet's SMA platform and Sharia-compliant portfolios from Accretive Wealth Management.
In addition, Wisdom Tree announced the listing of 12 additional ETFs on the Mexican stock exchange, and RiverPark Funds is closing it's a short-term high-yield fund to newâ–ª ...
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Marketwatch.com - 06/14/2013
When it comes to the deepening carnage in emerging markets, it's bond exchange-traded funds that have seen investors heading for the exits, the latest data show.
Rising U.S. bond yields accompanying expectations the Fed will begin to taper its bond-buying plans served to hammer emerging market currencies in...
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Benzinga - 06/14/2013
With U.S. stocks getting slammed on the back of a June consumer sentiment number that missed expectations, 82.7 compared to the reading of of 84.5 economists expected, it is another "sea of red" day for emerging markets ETFs. Following some nice surprises on Thursday , emerging markets stocks look poised to close the week lower with the iShares MSCI Emerging Markets Index Fund (NYSE: EEM...
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HDFC securities - 06/14/2013
ICICI Prudential Mutual Fund has decided to revise the exit load structure of ICICI Prudential Nifty Junior Index Fund with effect from 19 July 2013. The investment objective of the scheme is to invest...
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TIME - 06/14/2013
Charitable giving has a new look, one that is broadening the giving pool and helping keep the dollars rolling into nonprofits even during tough economic times, according to a new report.
The reason for this change are so-called donor-advised funds, which are the fasting growing charitable giving vehicle in the country. Some 175,000 of these giving accounts now hold $37 billion in...
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The Wall Street Journal - 06/14/2013
June 13, 2013, 8:38 p.m. ET Corporate Bond Fund Flows Plummet as Vanguard Shifts Assets Article
By Mike Cherney
Thomson Reuters unit Lipper reported a record outflow--about $8.53 billion--from both weekly and monthly reporting investment-grade corporate-bond funds on Thursday, with much of the outflow coming from a single Vanguard fund.
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MK English News - 06/14/2013
Stocks that were stripped of their status as constituents of the KOSPI 200 index have taken a hit. New constituents posted higher returns on average than the index, but posted negative returns except for a few...