| To investors, State Street Global Advisors might be best known as the firm behind the plainest of plain-vanilla investment products: the SPDR S&P 500 ETF (SPY). The exchange-traded fund attempts to duplicate the returns of the stocks of some of the most recognizable U.S. companies.
But when it comes to the future, the ETF manager is throwing around some exotic words: convertible arbitrage, merger arbitrage, managed futures. Those are all strategies that David B. Mazza, head of research for SPDR ETFs, could see in his firm's products one day...............................................Full Article: Source
|