{"id":59833,"date":"2017-09-08T09:30:21","date_gmt":"2017-09-08T13:30:21","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=59833"},"modified":"2017-09-08T09:30:21","modified_gmt":"2017-09-08T13:30:21","slug":"a-big-critic-of-etfs-is-planning-to-launch-one-of-his-own","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2017\/a-big-critic-of-etfs-is-planning-to-launch-one-of-his-own.html","title":{"rendered":"A Big Critic of ETFs Is Planning to Launch One of His Own"},"content":{"rendered":"<p>(Bloomberg) Like many active managers, Mark Yusko of Morgan Creek Capital Management LLC has some serious gripes about the rise of exchange-traded funds and the ascendancy of passive investing.   And like many of those managers, he\u2019s also starting his own ETF to cash in on their popularity &#8212; but with a twist.   Yusko, whose firm invests around 80 percent of its $2.5 billion in hedge funds, has major problems with rules-based ETFs. Possessing &#8220;no ability to think,&#8221; they blindly buy assets regardless of price, hurting investors, Yusko said. Among the chief offenders are minimum volatility ETFs, which he called &#8220;one of the worst things ever created.&#8221; What\u2019s more, as central banks ease up on monetary stimulus, &#8220;hedge funds are going to win&#8221; against passive investing styles, he said.<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-09-06\/morgan-creek-s-yusko-is-a-critic-of-etfs-who-s-planning-his-own\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) Like many active managers, Mark Yusko of Morgan Creek Capital Management LLC has some serious gripes about the rise of exchange-traded funds and the ascendancy of passive investing. And like many of those managers, he\u2019s also starting his own [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-59833","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/59833","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=59833"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/59833\/revisions"}],"predecessor-version":[{"id":59834,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/59833\/revisions\/59834"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=59833"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=59833"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=59833"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}