18.05.2016 - ETFs Get Their Timing Wrong
Timing is everything when launching new investment products, but some asset managers just don’t have it on their side. A host of exchange-traded commodity products closed last year amid a deep slump in the prices of raw materials and energy, only to miss a strong rebound in the prices of oil, gold and other commodities this year. At the same time, the number of exchange-traded products that seek to mitigate the return-eating effect of a strengthening dollar while investing in securities outside of the U.S. soared last year to 90 from 33 in 2014, according to consulting firm ETFGI...............................................Full Article: Source
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