Mondays are all about ETFs here at Abnormal Returns. You can check out last week’s links including a look at why Jim Cramer still hates ETFs.
Quote of the Day
"Passive investing is in danger of devouring capitalism...What may have been a clever idea in its infancy has grown into a blob which is destructive to the growth-creating and consensus-building prospects of free market capitalism."
(Paul SInger)
White labeling
- Who actually owns your ETF? The PureFunds-ETFMG dispute puts in stark contrast who runs the show. (etf.com)
- As the stakes get raised, white-label ETF relationships are now more fraught. (etf.com)
- A look at the white-label ETF providers. (etf.com)
- WTF does the 'ETF sponsor' do? (beta.morningstar.com)
The biz
- Why Invesco ($IVZ) should buy Guggenheim's ETF business. (wsj.com)
- The NYSE keeps leaking ETF listings. (wsj.com)
- Impact Shares wants to become the first nonprofit to sponsor an ETF. (reuters.com)
ETFs
- A lot of ETFs like the PowerShares Nasdaq 100 ETF ($QQQ) have a concentration problem. (ft.com)
- Can you build a technology ETF without Apple ($AAPL) and Microsoft ($MSFT)? (barrons.com)
- The ETF revolution is rolling in Europe as well. (bloomberg.com)
- The reasoning behind the launch of the ProSports Sponsors ETF ($FANZ), (etf.com)
