Two misses and a middling success. That's what it took for Andrew Chanin to launch a blockbuster new ETF. PureFunds ISE Cyber Security (HACK) recently crossed $1 billion in assets, roughly seven months after its debut. The niche exchange traded fund partly lucked out -- a high-profile security breach at Sony (SNE) occurred not long after its Nov. 12 launch. Since then, a slew of online data thefts have kept hackers in the news and made
Tuesday 23 June 2015
Cybersecurity ETF: Lessons From A Success (And Failures)
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
Two misses and a middling success. That's what it took for Andrew Chanin to launch a blockbuster new ETF. PureFunds ISE Cyber Security (HACK) recently crossed $1 billion in assets, roughly seven months after its debut. The niche exchange traded fund partly lucked out -- a high-profile security breach at Sony (SNE) occurred not long after its Nov. 12 launch. Since then, a slew of online data thefts have kept hackers in the news and made
Two misses and a middling success. That's what it took for Andrew Chanin to launch a blockbuster new ETF. PureFunds ISE Cyber Security (HACK) recently crossed $1 billion in assets, roughly seven months after its debut. The niche exchange traded fund partly lucked out -- a high-profile security breach at Sony (SNE) occurred not long after its Nov. 12 launch. Since then, a slew of online data thefts have kept hackers in the news and made
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