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Tag Archives: Investing

• Love whisky? Play the market? A Whiskey & Spirits ETF for ya

Love whisky? Play the market? A Whiskey & Spirits ETF for ya

The ETF Managers Group and Spirited Funds recently rolled out a first-of-its-kind ETF that targets companies that produce alcoholic beverages. The Spirited Funds/ETFMG Whiskey & Spirits ETF covers publicly traded companies across the globe that are engaged in the production of whiskey and/or spirits. According to the prospectus, the initial universe of Index constituents consists […]

• Brew Exchange: Beer on the trading floor

Brew Exchange: Beer on the trading floor

The bell rings and pandemonium ensues — the screaming traders, the mad waving of colorful stock order slips, the smell of money. Wall Street? No, last week Brew Exchange rang the opening bell on a fresh concept of stock market pricing at a new West Sixth Street location. Here, beer is sold according to the […]

• Investors. Are You Ready For A Beer ETF?

Investors. Are You Ready For A Beer ETF?

The emergence of ETFs have given investors new, low-cost tools to gain exposure to markets that would otherwise be difficult to reach. Numerous ETPs have successfully hypertargeted unique corners of the market, such as emerging market debt, rare earth metals, and small cap gold mining funds. As investors grow more comfortable with diversifying their assets […]

• Whoa. Guy buys 3011 shots for $36,890 & for complete strangers!

Whoa. Guy buys 3011 shots for $36,890 & for complete strangers!

A TOKYO civil servant humbled brokers missing out on their annual bonus by buying a record $36,890 round of shots at the Geronimo bar. The notorious record of ostentatious drinks-buying by Tokyo’s traders, hedge-fund managers and brokers was smashed on Saturday by Kaz Miura, who shouted the round of shots. Mr Miura, an architect working […]

• Pershing may push for Fortune Brands split

Pershing Square Capital Management has built a stake of roughly 11% in Fortune Brands Inc. and may be eyeing a breakup of the company. Fortune Brands shares hit a two-year high on Friday. Pershing Square, run by Bill Ackman, is an activist investor. These types of investors sometimes push for strategic changes, including share buybacks, […]