Industry News

Horizons offers inverse gold, silver ETFs

Horizons Exchange Traded Funds and BetaPro Management have announced the launch of two new ETFs offering investors non-leveraged, inverse exposure to the gold and silver markets. The Horizons BetaPro COMEX Gold Inverse ETF seeks daily investment results corresponding to 100% the inverse of the daily performance of the COMEX gold futures contract for a subsequent […]

By Staff |July 7, 2011

1 min read

AlphaPro shuffles executives

AlphaPro Management Inc. has announced the completion changes that amount to a shuffling of the deck of senior officers. Effective June 30, 2011, Ken McCord has vacated the position of president in order to assume the role of president of AlphaPro’s affiliate Horizons Exchange Traded Funds Inc. Howard Atkinson has taken over for McCord as […]

By Staff |July 7, 2011

1 min read

No Olympic rally seen for South Korean stocks

Wednesday’s announcement from the International Olympic Committee that the 2018 Winter Games would be held in Pyeongchang, South Korea, is being heralded as a boost to the nation—at least in the Korean media. In terms of investment potential, however, the games will barely register. While large international gatherings can spur infrastructure investment in underdeveloped locales, […]

By Staff |July 7, 2011

2 min read

RBC enters ETF market

Things are about to get very interesting in the Canadian exchange traded funds industry. RBC Global Asset Management has filed preliminary long form prospectuses with the OSC to launch its inaugural offerings in the ETF space. The bank-owned asset manager’s entrance to the market will consist of eight corporate bond ETFs. The funds start with […]

By Staff |July 7, 2011

2 min read