Morningstar, one of the investment-industry’s most trusted names, partnered with Maryland-based ProShares, the biggest issuer of leveraged and inverse exchange-traded funds, to launch the ProShares Morningstar Alternatives Solution ETF (ALTS). The new ETF is a “fund of funds” and invests in other ProShare products, thus providing a wide exposure to the liquid “alternative investment” niche with a single exchange-traded fund. …
New ETFs On The Block: Powershares Multi-Strategy Alternative Portfolio (LALT)
Invesco PowerShares, the Illinois-based fourth-largest US provider of exchange-traded funds, has launched a multi-strategy, alternative portfolio in partnership with Morgan Stanley that focuses on enhanced risk-adjusted returns while lowering volatility. The PowerShares Multi-Strategy Alternative Portfolio (LALT) is likely to find favor with traditional stock/bond investors who wish to better manage volatility as interest rates begin to normalize in the US. …