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Non-Transparent Active ETFs Finally Win SEC Approval
Precidian Investments filed an application with the SEC back in 2014 for a type of active ETF that does not require transparency. The SEC likes transparency. They finally…
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MarketReview author profile
Editor-in-Chief
ActiveKen Stephens has spent decades following financial markets from both sides of the screen: as an individual investor and through work connected with the investment-banking industry. That breadth informs the way he approaches MarketReview’s coverage of investing, trading and the institutions that influence asset prices.
He is less interested in repeating the market’s conventional wisdom than in examining what supports it. When a familiar explanation is offered for a rally, a sell-off or a shift in policy, Ken looks for the assumptions underneath it, the evidence that confirms or weakens it and the risks that may be overlooked. His writing often connects the choices facing individual investors with the larger forces at work in financial institutions and markets.
As Editor-in-Chief, Ken sets editorial priorities and helps shape how MarketReview explains complex financial subjects. He also contributes directly to articles on investment strategy, market analysis and trading, with an emphasis on clear reasoning, honest uncertainty and conclusions that can withstand closer scrutiny.
Published work
News, analysis and evergreen financial guides credited to this author.
Precidian Investments filed an application with the SEC back in 2014 for a type of active ETF that does not require transparency. The SEC likes transparency. They finally…
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In the latest poll of American Chief Financial Officers, while the overall pessimism regarding the economy is improving a bit, most still feel that a recession will be…
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Some investors are becoming concerned about the fact that while major stock market indices are nearing all-time records, the volume of shares traded is going down. The significance…
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BlackRock’s earnings come in a little short of expectations, but the ETF market that they dominate is still red hot. The company is also seeing a real potential…
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The stock markets may be up about 20% on average in 2019, but CVS is down that much this year so far, and down 34% since mid-November. There…
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In spite of marked improvement in profit lately, U.S. Steel stock has had a rough time over the last year, losing 60%. With more concerns on the horizon,…
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Actively managed mutual funds, where fund managers pick the stocks in the fund, may be in decline, but many fund managers are looking to do more with their…
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Morgan Stanley’s Ruchir Sharma is known as one of the brightest minds in the investment industry, with both a keen eye and a good understanding of how markets…
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Lyft finally got its IPO off the ground last Friday, but it’s been sputtering since. It’s not so much that it has dropped almost 20% in 3 trading…
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