Richard Kang at Investment News on the symbiotic relationship between hedge funds and the ETF industry.

News flash! Some hedge fundies made a great deal of money last year. (via DealBook)

Ian Salisbury at the on the hurt put on oil ETFs by ‘contango.’

Vanguard has launched a series of bond ETFs. (via & The Beta Brief)

Greg Newton at NakedShorts on one hedge fund who wants to be your hedge fund’s administrator.

All About Alpha on increasing demand for portable alpha and 1XX/XX strategies.

How are private equity firms doing deals without their usual ‘clubs’? (via

Pension funds are getting into the buyout business. (via Felix Salmon)

Mark Hulbert at notes insider buy/sell ratios are still mildly supportive of the market.

New York vs. Chicago for futures trading dominance. (via

Warren Buffett gives a boost to the railroad industry. (via

Free exchange on the vagaries of investing in biotech and pharma.

‘Accelerated share repurchases’ explained. (via MarketBeat)

How much is Bloomberg LP really worth? (via DealBook)

Microsoft (MSFT) has issues. (via Information Arbitrage)

Thanks for checking in with Abnormal Returns. You can stay up-to-date with all of our posts via our feed.

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Please see disclosures here.

Please see the Terms & Conditions page for a full disclaimer.