Johannes Burkhardt’s Post

We are thrilled to announce that today we are launching our first AI-based active ETF through Goldman Sachs ETF Accelerator. With the AI-Enhanced Eurozone Equities UCITS ETF (IE000979OT00, EUAI), we are offering a wide range of clients an innovative, sustainable and active alternative to conventional passive portfolio components. The ETF wrapper makes the investment strategy transparent and highly liquid for investors on every trading day. The investment objective of the AI-Enhanced Eurozone Equities UCITS ETF is to generate a risk-controlled excess return compared to a passive investment in Eurozone equities (benchmark: MSCI EMU Index). Baader Bank AG acts as the fund’s investment manager. #ultramarin #quant #investing #machinelearning #artificialintelligence #ai #assetmanagement #EUAI #ETF https://lnkd.in/edaV3CPg

We at Ultramarin are very excited about this milestone and would like to thank the teams at Goldman Sachs (Lisa Mantil, Steve Sachs, Rebecca Anderton-Davies, Jürgen Blumberg, Amanda Nanayakkara, Benoit PIERRE, Sailesh Pradhan) and Baader Bank AG (Jochen Ammer, CFA, Andreas N.) for their excellent cooperation and partnership. We are very much looking forward to what lies ahead!   In case of questions or interest of any kind: Please just get in touch! #ultramarin #quant #investing #machinelearning #artificialintelligence #ai #assetmanagement #EUAI #ETF

💰 Successful #income investing depends on many factors, not just choosing a portfolio of good dividend-paying companies. If you are looking for regular income, funds with exposure to the companies with the highest #dividend yields can be tempting. But what makes a good high dividend strategy, especially in the #ETF universe? Find out more in the interesting read by Morningstar. #fidelityinternational #assetmanagement #morningstar #topratedetfsforincome Marketing Communication - For professional investors only - Capital at risk 

If you have ever considered the prospect of “trading like a politician,” the #NANC ETF may provide valuable insight. This newly launched ETF, named after 81-year-old Congresswoman Nancy Pelosi, tracks her trading activities, allowing investors to potentially benefit from the unique information available to her. Notably, Nancy was the second most active congressional trader last year, indicating her considerable expertise in navigating the stock market. In the past year, the NANC ETF delivered a return of over 38%, outperforming the S&P 500. This success may be attributed to the Democratic preference for technology stocks, which experienced significant growth in 2023. Additionally, there has been a notable increase in ETFs focused on politicians and political ideologies in recent years. These accessible funds serve not only as investment vehicles but also as a means for individuals to express their political beliefs and values.

Will active funds outperform passive over the long-term? The future is uncertain, but SPIVA reports suggest that active funds may have a limited lifespan, revealing that among GBP-denominated funds only about half survive for 10 or more years. Hear from our Fund Manager, Tom McGoldrick, on the active vs. passive debate: https://lnkd.in/edwD7SFU

"Kevin Gopaul explains that REX, which manages about $5 billion in assets, focuses on alternative strategies in their ETFs. Alternatives, in this case, mean specific strategic overlays rather than allocations to private assets. They offer hyper targeted strategies called “microsectors” as well as ETFs with triple leverage or triple inverse overlays or single-exposure strategies. While these are broadly non-traditional ETF strategies, they fall into that realm of offering more institutional strategies to retail investors." #PrivateWealth #WealthManagement #RealAssets #PrivateMarkets #AlternativeInvestments #Alts #UHNW #HNW #FamilyOffices #IBD #RIA #PrivateInvestments #PrivateCredit #PrivateEquity #RealEstate

This graphic shows monthly fund flow data for the ARK Innovation ETF (Ticker: ARKK). All figures come from VettaFi's ETF Database, as of July 15, 2024. Key Takeaway Once the hottest ETF on the market, ARKK's lackluster performance in recent years has led investors to withdraw billions of dollars in capital. ARKK Sells Nvidia Too Early While most ETFs passively track an index, ARKK is actively nanaged, meaning stocks are bought and sold by an investment team. This has the potential to generate above-or below-market returns. In the case of ARKK, manager Cathie Wood made a massive blunder in early 2023 when she sold more than 1 million shares of Nvidia, just a few months before the stock began its historic rally. Source: @visualcapitalist

I remember when "alpha" was what a good fund manager was expected to deliver in order to justify fee. I also remember when "beta" gained focus with passive investments. I was here when the industry evolved and "smart beta" became part of the jargon and here I am now, reading about "passive alpha". The spectrum of Active Vs Passive has the potential to confuse many. Here's an interesting read on "passive alpha". Enjoy! #investments #caia

Exchange-traded funds (ETFs) have become a popular option for retail as well as institutional investors in recent years -- and active managers running mutual funds have struggled to keep pace with them in terms of flows as well as performance. In the last few years, ETFs have become edgier. One growing area is what I call the second-order ETFs -- funds that do more than just buy stocks in a defined basket. Leveraged ETFs allow investors to magnify their returns from an investment by 200% or 300% -- a goal the fund achieves by entering into swaps and options contracts. There are also funds that let traders bet against the direction of the market: if the underlying security advances, your fund falls, and vice versa. Now, another area of growth is the single-stock ETF. This is a fund that invests in just one stock. You may ask why would you need a fund to invest in a single stock. Well, it offers a way to do all those nifty things such as leveraging on that single stock. In fact, the US technology companies that we know as the Magnificent Seven (Apple, Nvidia, Alphabet etc.) are so large that they are their own market and funds investing in one of them can amass a large asset base too. Direxion Funds has been a key player in the leveraged and inverse single-stock ETFs business. Since launching the first such funds about two years ago, they say they have built a $3 billion practice around them. Now, this segment of the ETF market is expanding beyond the US. Emerging markets are becoming a hunting ground for leveraged and inverse single-stock ETFs. One obvious candidate for such funds is Taiwan Semiconductor Manufacturing Co., the poster child of artificial intelligence from the developing world. Direxion has launched ETFs that invest in TSMC, and let investors magnify the results by 200% or inverse the stock's move without leveraging it. Needless to say, this option is not for you or me, but for traders who can withstand substantial risks. It was a delight to write a story on this development. Thanks to Edward Egilinsky and Danielle B. for making it possible.

The tech sector has driven market performance in 2024, with the S&P 500 tech group up 28% and Nvidia soaring 149%, while small-caps have lagged. Oppenheimer’s chief investment strategist John Stoltzfus believes the rally will broaden.