Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:A Midwestern ETF Entrepreneur Hunts While Pondering Liquid Alts Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, August 2, 2018

A Midwestern ETF Entrepreneur Hunts While Pondering Liquid Alts

Reported by Neil Anderson, Managing Editor

An ETF entrepreneur in the midwest is hiring and pondering more product development.

Phil Bak, CEO of CSAT Investment Advisory (dba Exponential ETFs, and known as ACSI Funds until January), tells MFWire that he's considering launching "more of a hedge fund strategy" in ETF form in the fourth quarter of this year. Ann Arbor, Michigan-based Exponential currently offers two proprietary ETFs (with about $59 million in combined AUM), and they recently launched a subadvisory business (now with about $300 million in AUM).

In terms of personnel, two-year-old Exponential currently has a team of seven. That includes one sales specialist, and Bak says he "may or may not go to two, but that'll probably be it."

"We're nimble," Bak tells MFWire.

Bak adds that he's "actively searching right now for a research director."

"We're very focused on providing quality research," Bak says. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use