The new indexes measure the performance of companies in accord with the values and principles of Dharmic religions.
Another filing for actively managed ETFs was made last week, an indication that 2008 might be the year investors can finally invest in them.
The Greenwich Global Hedge Fund Index returned 0.61% in December and gained 11.15% in 2007.
Van Eck Global launched trading of the Market Vectors–Coal ETF on the New York Stock Exchange today.
This is the year for the SEC to settle the 12(b)-1 issue. Securities and Exchange Commission Chairman Christopher Cox has pledged to examine the fee system, questioning whether the use of 12(b)-1 fees has moved away from the original intent, which was to cover marketing and distribution expenses.
As 2008 gets under way, publicly traded money manager stocks' ability to hold up to the market pressure that felled other financial services stocks last year is being questioned.
Assets invested in exchange traded funds grew by $32 billion, or 5.5%, to $608 billion in November.
GSO Capital Partners is an alternative asset manager specializing in leveraged finance.
The HFR Fund Weighted Composite Index advanced 0.68% in December and gained 10.4% in 2007.
Despite fierce competition, mutual fund net sales will grow at 2% annually, hitting $340 billion by 2012, FRC predicted.
The center features a search functionality that allows customers to identify ETFs that meet certain investment criteria.
European assets in ETFs surged 27% to €89 billion ($131.2 billion) in 2007, according to data released by Deutsche Bank.
Putnam Investments is paying the price for calling the bottom in financial stocks too early.
If advisers haven't heard of extensible business reporting language, or XBRL, they soon will.
The SEC is looking at capping the 12(b)-1 marketing and sales charge fees that fund investors pay and is preparing to issue a proposal early this year concerning the approximately $12 billion a year paid in such fees.
One way or another, the fallout from the subprime mortgage meltdown and the broader credit crunch is expected to alter the complexion of the alternative investments industry in the year ahead.
The fund is designed to give investors exposure to investment-grade municipal bonds with a nominal maturity of 17 years or more.
Investing in disadvantaged communities is going mainstream, with a variety of investment vehicles springing up.
The mutual fund industry will let its hair down this year, introducing ever more exotic, hedge-fund-like products that make even greater use of complicated vehicles such as derivatives, according to some industry experts.
