Word: john
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Since most ETFs only mirror a market index, such as the S&P 500, they won't outperform the index. But increasingly, investors see that outperformance quest as more of a pipe dream. "Only 20% of [mutual-fund] portfolio managers actually beat the index that they're tracking," says John Spallanzani, director of ETF sales and strategy at GFI Group. "So if you put your money in an ETF, you're basically beating 80% of the mutual-fund managers out there." ETFs are also more liquid than mutual funds, because they can be bought, sold or shorted throughout the trading...
More recently, the investor spotlight has been shining brightly on a new line of ETFs - ones that are actively managed. Firms ranging from Invesco to Pimco have launched about 12 of these funds over the past two years; others, such as T. Rowe Price Group and John Hancock Funds, are preparing to roll out similar funds, all in an effort to go head-on against actively managed mutual funds. "It's clearly a category that's attracting more interest among ETF providers and mutual-fund companies," says Standard & Poor's Tom Graves. "It combines the characteristics of a passive, index...
...complaint filed on Dec. 18, 2009, Counter alleged that Cambridge police officer William Macedo, acting under instructions from Detective Sgt. John Fulkerson, violated his 4th and 14th Amendment rights when arresting...
...midst of crisis, there were those who made decisions based on a quick political calculus rather than on what the country needed. The classic example being me heading over to meet with the House Republican caucus to discuss the stimulus and finding out that [House minority leader John] Boehner had already released a statement saying, We're going to vote against the bill before we've even had a chance to exchange ideas...
...much, much more, running up the odometer on his black GMC pickup to 200,000 miles (about 320,000 km) as he crisscrossed the state. And while Coakley was taking time off, he was on the air early with upbeat ads - one of which even compared him to John F. Kennedy. On the stump, he promised to change the way things get done in Washington - sounding a note similar to one that helped get Obama elected 14 months earlier. (See the 10 greatest speeches of all time...