Four New 3x Direxion China and Latin America ETFs
Direxion, known for its 3x leveraged ETFs, launched four new funds today (12/03/09) targeting China and Latin America. The new ETFs seek 300% of the daily performance, or 300% of the inverse of the daily performance, of the BNY China Select ADR [...]
India reported surprisingly strong GDP growth for the third quarter, posting 7.9% growth in the July through September period. These numbers surprised both analysts and government officials: the growth was higher than even the most bullish analyst forecast, and the Reserve Bank of India said that it will likely revise upward [...]
Global X Management Company expanded their ETF offerings today with the launch of Global X China Consumer ETF and Global X China Industrial ETF . These are the first of six China sector ETFs planned by the firm.
The new ETFs will have an expense ratio of 0.65%. The underlying indexes use a capped weighting methodology [...]
In the second quarter of 2009, state owned Banco do Brasil reported an asset increase of 43.9 percent compared to the same period in 2008, becoming the number one bank in Latin America and the seventh largest on the continent.
Banco do Brasil had slipped in the rankings in November 2008, said Portafolio, [...]
The Reserve Bank of India has in effect called the end of the financial crisis in India, and is the third central bank to do so, after Australia and Israel.
Amidst the noise of cricket score updates and stock market swings you may not have heard this at all, even if you live [...]
Barclays Global Investors announced on Friday the launch of a new ETF tracking an index composed of the 50 largest and most liquid Indian securities listed on the National Stock Exchange of India.
The iShares S&P India Nifty Fifty Index Fund INDY will compete with several existing India exchange-traded funds, including products from iPath, WisdomTree, [...]
New figures from the Chinese Ministry of Commerce show that the country has extended it’s FDI growth streak to three months, with 5.7% year on year growth recorded for the month of October to $7.1Bn.
Shanghai, Shenzen & Hong Kong all rallied comprehensively on the news today, with Shanghai recording a 2.75% rise, [...]
Over the last two years, a slew of financial and economic crises have caused many U.S. investors to re-examine traditional asset allocation strategies that put the vast majority of their assets into U.S.-listed securities.
As these investors have looked to move beyond their borders, Brazil has been one of the most popular destinations, identified as [...]
Some great news for investors who can only buy domestic based products: After the successful launch of Van Eck Global Brazil Small Cap earlier this year, a similar product is now slated for India.
I am very excited about this, as one of my pet peeves has been the lack of mid-sized or [...]
With the weakness in Brazil the past week, we are going to take this opportunity to begin a long-term stake in Market Vectors Brazil Small-Cap ETF : BRF.
We highlighted this name in the summer under $29 [Jun 2, 2009: Market Vectors Brazil Small Cap (BRF) - a New ETF for Exposure to Brazil] [...]