ETF News & Research

The Ways ETFs Are Replacing Hedge Funds by Mike Venuto on ETF.com

By Michael Venuto Toroso Investements Published in ETF.com This month, Debbie Fuhr’s London-based ETF consultancy ETFGI made headlines with data showing that global ETP assets are now equal to hedge fund assets. It’s important to note that this inflection point coincides with record assets under management for WisdomTree (WETF). For those who didn’t make the …

Mike Venuto comments on how ETFs are beating Hedge Funds

Which sounds like a more appealing fee structure? Twenty basis points (0.2%) or two-and-twenty (2% of assets + 20% of profits). Investors have been voting with their dollars for lower costs and tax efficiency: total assets held by exchange-traded funds globally are about to eclipse those held by hedge funds. Research firm ETFGI this month …

Solving the Income Riddle – Mike Venuto in ETF.com

ETF.com asked advisors how best to obtain yield in the current low-rate environment, which is characterized by very low rates and low inflation, even as the Federal Reserve prepares financial markets for the possibility of its first rate increase in short-term borrowing rates in nine years. Here’s what Michael Venuto had to say:

Get to know HACE ( Hispanic Alliance for Career Enhancement) – Juan Avila highlighted in Hispanic Executive

Juan Carlos Avila, Chairman of HACE’s board and a managing partner at Toroso Investments, was featured in Hispanic Executive. “Not all Latinos grow up knowing they’re headed to college. I know so many who are the first in their family to go to college. That’s a huge accomplishment. But what happens many times is that …

ETFs, Hedge Funds and Democracy

This month ETFGI, a wholly independent research and consultancy firm founded Deborah Fuhr, has made headlines with their data showing that global ETP assets will soon surpass the assets held in hedge funds. It is important to note that this inflection point coincides with record assets under management for WisdomTree Investments, Inc. (WETF). Today, close …

Measuring True Costs Of ‘Smart Beta’ ETFs – by Mike Venuto ETF.com

By Michael Venuto Toroso Investments Published in ETF.com The concept of systematically alternatively weighting an established index has been around for many years, as evidenced by the success of mutual funds from Dimensional Fund Advisors. In the world of ETFs, this alternative-weighting concept has come to be known as “smart beta,” and represents one of …

David Dziekanski describes the use of geared ETFs to manage risk

As market conditions change, investors can utilize exchange traded funds that track alternative investment strategies to hedge risks or capitalize on potential opportunities. On the recent webcast, Building Tactical Strategies to Combat Today’s Market Challenges, Mike Eschmann, managing director and co-head of capital markets & institutional strategy team for Direxion Investments, warned that with the …

David Dziekanski discusses tactical ETF strategies

After an extended bull rally in equities and fixed-income assets, the market environment may be changing. Consequently, investors who are interested in hedging against a shift in the winds can utilize inverse exchange traded funds to help protect their portfolios. On the upcoming webcast, Building Tactical Strategies to Combat Today’s Market Challenges, Mike Eschmann, managing …

The ETF “Barbell” Income Solution – by Mike Venuto on ETF.com

By Michael Venuto Toroso Investments Published in ETF.com Many investors expect the return streams from bond ETFs to behave like the direct purchase of a bond, essentially providing current income with the likely return of principal at a future date. Although the expansion of ETFs has provided investors access to bonds, and at a reasonable …

Taming Volatility: Downside Protection Indexes

The stock market, as represented by the S&P 500 Index (“S&P 500”), has just experienced a historic 6-year bull market. But, many investors did not participate in much of this appreciation. The Great Recession of 2008 caused many investors to significantly reduce their market exposure, and many advisors were unable to find thoughtful solutions for …

Top Leaders in Finance – Juan Avila highlighted in Latino Leaders Magazine

Latino Leaders Magazine featured Toroso Investments, Juan Carlos Avila, in its February/March 2015 “Latinos in Finance” issue Read full article (pdf)

Complete The Core With Specialty ETFs

By Michael Venuto Toroso Investments Published in ETF.com In the past decade, the indexing business has moved from a benchmarking business to an investable universe and an asset-gathering business, in large part, because of the growth of the ETF industry. Still, the sometimes-complex worlds of indexing and ETFs have left some stocks out of major …

Business Characteristics: Completing the Core

The historical returns of mainstream indexing may not be what investors should expect to receive in the future.  In this commentary we identify ETFs that focus on business characteristics which may enhance the access to securities omitted or trimmed from the mainstream, over-bought ETFs which are tied to traditional market cap weighted indexes. The content …

ETFs To Steer Clear Of Suspect Earnings

By Michael Venuto Toroso Investments Published on ETF.com Equity markets are at or near all-time highs, as are corporate earnings. It may all be too good to be true. That’s because we’ve identified what we consider to be a quality problem with earnings. That said, we believe by maximizing quality of earnings in a portfolio, …

Earnings: Quality Over Quantity; and Size Does Matter

Selecting the most appropriate ETF can be a challenging proposition, especially in the unusual markets we are experiencing today.  At Toroso, we examine the underlying fundamentals and look for economic themes that indicate opportunities and pitfalls.  In today’s market we believe the rosy earnings picture is hiding a real problem from most investors.  The quality …