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Powershares to Launch New Alternative Fund; Bitcoin ETF Makes Progress
May 15, 2014 at 07:00 AM EDT
As we enter the summer months of 2014, the ETF industry has begun to taper off its new products and filings. This is typical, as the summer months come with low volume in the market and less interest than we see in other seasons. Still, issuers continue to press the ETF envelope with new funds and filings to expand the reach of the industry. This week saw one release from Invesco Powershares and news concerning the proposed bitcoin ETF from the famed Winklevoss twins [for more ETF news and analysis subscribe to our free ETF Daily Roundup]. A New Alternative ETF Powershares announced that it will soon launch the PowerShares Multi-Strategy Alternative Portfolio (LALT). The ETF is expected to debut on May 29th on the Nasdaq. LALT will be an actively managed product that looks to minimize volatility in broad alternative asset classes while still providing investors with a strong return […] Click here to read the original article on ETFdb.com. Related Posts: No Related Posts
As we enter the summer months of 2014, the ETF industry has begun to taper off its new products and filings. This is typical, as the summer months come with low volume in the market and less interest than we see in other seasons. Still, issuers continue to press the ETF envelope with new funds and filings to expand the reach of the industry. This week saw one release from Invesco Powershares and news concerning the proposed bitcoin ETF from the famed Winklevoss twins [for more ETF news and analysis subscribe to our free ETF Daily Roundup]. A New Alternative ETF Powershares announced that it will soon launch the PowerShares Multi-Strategy Alternative Portfolio (LALT). The ETF is expected to debut on May 29th on the Nasdaq. LALT will be an actively managed product that looks to minimize volatility in broad alternative asset classes while still providing investors with a strong return […]
