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ETF Flows Turn Negative In Financials
In this excellent report at MarketWatch, Assistant Markets Editor Laura Mandaro pulls together data showing that the rally in financials seems to have run out of steam. Included is research by TrimTabs that money flows in financial ETFs have been negative since March 6, when the current run-up began.
You can read the story here.
Plea to Ned Johnson: Buy BGI
This is a real tongue-in-cheek piece by longtime newsletter writer and adviser Jim Lowell for Forbes.com. He makes a playful plea to Fidelity's Ned Johnson to make a bid for BGI.
Lowell sees a match made in heaven between the Boston mutual funds giant and the San Francisco-based ETF titan.
You can read the rather witty and sometimes pointed piece here.
Managers Open For Business
Star managers and some of Morningstar's top-ranked mutual funds are reopening, offering investors a unique opportunity, according to this article by the Wall Street Journal's Shefali Anand.
The report brings up the fact that the rise in popularity of ETFs might pose competition to active mutual funds trying to convince investors to jump back on their management merry-go-round.
You can read the story here.
The Case For Preferred Stock ETF
In another Wall Street Journal piece, Peter Eavis notes the outperformance of the PowerShares Financial Preferred ETF (NYSE: PGX) of bank and other financial indexes.
You can read the story here.
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