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PSP Gets Global Makeover
October 02, 2009 7:33 am
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The PowerShares Listed Equity Private Equity Portfolio (NYSEArca: PSP) got an extensive makeover yesterday as it transitioned from a domestic to a global portfolio. Renamed the PowerShares Global Listed Private Equity Portfolio, but still trading under the ticker PSP, it now covers a portfolio of 40 to 60 private equity companies from around the world. According to Red Rocks Capital LLC, the index provider, the portfolio provides exposure to more than 1,000 privately held companies. The It continues to charge an expense ratio of 0.60%. Read PSP’s prospectus here.
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Short-Seller’s Guide To GLD
Gold, despite its recent rebound, has gotten clobbered over the past three months.Looking Beyond VWO And EEM
Broad-based, cap-weighted ETFs were the way to play emerging markets over the past decade. But it’s time for investors to become more strategic and look beyond VWO and EEM.
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JP Morgan & ETN Credit Risk
Paul & Ugo discuss the implications of J.P. Morgan's $2 billion loss, the European debt crisis and what it means for ETN investors.
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