Monday 31 August 2015

NorthCoast Cushioned By Diversification, Now Looks For Bargains

Otmane El Rhazi from Investor's Business Daily - ETFs RSS.

August brought an extreme dose of volatility for stocks. Many indexes entered correction territory as investors became jittery on concerns of slowing growth in China. NorthCoast Asset Management seized the opportunity to adjust its ETF retirement portfolios amid the pullback. "Rebalancing the portfolios during volatile periods enables us to add value and create alpha," said Patrick Jamin, chief investment officer for NorthCoast.

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