MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, October 21, 2013 VIX Inventor Says Vol Products Lose Money Vanderbilt University professor Robert Whaley may have invented the CBOE Market Volatility Index, but he's not crazy about products based on his creation, reports Barron's. In an upcoming paper he wrote for the Journal of Portfolio Management, Whaley declared that ETFs and other products following the VIX are ”not suitable buy-and-hold investments” and “virtually guaranteed to lose money through time," according to Barron's. Printed from: MFWire.com/story.asp?s=46476 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |