Latest news with #fundmanagement
Yahoo
09-07-2025
- Business
- Yahoo
Is Pacer US Cash Cows 100 ETF (COWZ) a Strong ETF Right Now?
The Pacer US Cash Cows 100 ETF (COWZ) made its debut on 12/16/2016, and is a smart beta exchange traded fund that provides broad exposure to the Style Box - Large Cap Value category of the market. The ETF industry has long been dominated by products based on market cap weighted indexes, a strategy created to reflect the market or a particular market segment. Because market cap weighted indexes provide a low-cost, convenient, and transparent way of replicating market returns, they work well for investors who believe in market efficiency. But, there are some investors who would rather invest in smart beta funds; these funds track non-cap weighted strategies, and are a strong option for those who prefer choosing great stocks in order to beat the market. Based on specific fundamental characteristics, or a combination of such, these indexes attempt to pick stocks that have a better chance of risk-return performance. Methodologies like equal-weighting, one of the simplest options out there, fundamental weighting, and volatility/momentum based weighting are all choices offered to investors in this space, but not all of them can deliver superior returns. The fund is managed by Pacer Etfs, and has been able to amass over $21.16 billion, which makes it one of the largest ETFs in the Style Box - Large Cap Value. This particular fund seeks to match the performance of the Pacer US Cash Cows 100 Index before fees and expenses. The Pacer US Cash Cows 100 Index uses an objective, rules-based methodology to provide exposure to large and mid-capitalization U.S. companies with high free cash flow yields. When considering an ETF's total return, expense ratios are an important factor. And, cheaper funds can significantly outperform their more expensive cousins in the long term if all other factors remain equal. Annual operating expenses for this ETF are 0.49%, making it on par with most peer products in the space. It's 12-month trailing dividend yield comes in at 1.55%. Even though ETFs offer diversified exposure which minimizes single stock risk, it is still important to look into a fund's holdings before investing. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis. For COWZ, it has heaviest allocation in the Information Technology sector --about 17.3% of the portfolio --while Energy and Consumer Discretionary round out the top three. When you look at individual holdings, Marathon Petroleum Corp (MPC) accounts for about 2.42% of the fund's total assets, followed by Booking Holdings Inc (BKNG) and Uber Technologies Inc (UBER). The top 10 holdings account for about 21.95% of total assets under management. The ETF has added roughly 1.03% and it's up approximately 7.13% so far this year and in the past one year (as of 07/09/2025), respectively. COWZ has traded between $47.46 and $61.35 during this last 52-week period. COWZ has a beta of 0.94 and standard deviation of 18.08% for the trailing three-year period. With about 102 holdings, it effectively diversifies company-specific risk . Pacer US Cash Cows 100 ETF is a reasonable option for investors seeking to outperform the Style Box - Large Cap Value segment of the market. However, there are other ETFs in the space which investors could consider. Schwab U.S. Dividend Equity ETF (SCHD) tracks Dow Jones U.S. Dividend 100 Index and the Vanguard Value ETF (VTV) tracks CRSP U.S. Large Cap Value Index. Schwab U.S. Dividend Equity ETF has $71.32 billion in assets, Vanguard Value ETF has $139.67 billion. SCHD has an expense ratio of 0.06% and VTV changes 0.04%. Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Style Box - Large Cap Value To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Pacer US Cash Cows 100 ETF (COWZ): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
TechCrunch
08-07-2025
- Business
- TechCrunch
Drive Capital's Columbus gamble is paying off
This week on StrictlyVC Download, TechCrunch EIC Connie Loizos is joined by Drive Capital co-founder Chris Olsen. Chris explains how Drive's contrarian approach to fund size, ownership stakes, and geographic focus is generating returns where others firms are right now struggling. The also discuss the firm's current composition, three years after Olsen and his co-founder in the firm, Mark Kvamme, went their separate ways after originally meeting as colleagues at Sequoia Capital. Plus: why Silicon Valley billionaires are choosing Columbus, and what the 'venture reckoning' means for the industry. StrictlyVC Download posts every Tuesday. Subscribe on Apple, Spotify, or wherever you listen to podcasts to be alerted when new episodes drop.
Daily Mail
07-07-2025
- Business
- Daily Mail
UK funds network and data firm Calastone to be sold to US buyout group Carlyle next week
US buyout group Carlyle is just days away from selling British funds network and data business Calastone. A deal is expected to be announced next week, according to a well-placed source. Investment bankers at Barclays have been handling the deal in New York – where it is thought the business could fetch a better price than in London. It has previously been reported that Calastone could be valued at £600million. Based in London, the firm began operating in 2008 and has offices worldwide, serving 4,500 clients in 57 countries. It uses technology to automate manual tasks including order routing, settlement and transaction reporting for asset and fund managers. The firm also provides data on fund flows. Revenues for 2024 climbed 19 per cent to £81million and underlying earnings climbed 55 per cent to £26million, according to latest results. The firm employed 223 staff by the end of the year. The sale of a UK-based group in New York could add to further dismay about the standing of London's capital markets amid an exodus of firms across the pond, through takeovers or a change of listing venue. Carlyle and Barclays declined to comment.
Yahoo
07-07-2025
- Business
- Yahoo
PAAMC HK to Join HKEX Integrated Fund Platform as Part of Initial Cohort
HONG KONG, July 7, 2025 /PRNewswire/ -- Ping An of China Asset Management (Hong Kong) Company Limited ("PAAMC HK" or the "Firm"), the offshore asset management platform of Ping An Group, is pleased to announce its participation in Hong Kong Exchanges and Clearing Limited's ("HKEX") Integrated Fund Platform (the "IFP") as part of the initial cohort of fund houses, supporting the launch of the platform's new Order Routing Service. Information of all Securities and Futures Commission of Hong Kong (the "SFC")-authorised funds managed by PAAMC HK are now available on the IFP's Fund Repository and Order Routing, giving clients straight-through access to the Firm's full suite of SFC-authorised funds. Leveraging its extensive offshore investment research and portfolio management capabilities, PAAMC HK offers a diversified range of investment solutions across equities, fixed income, ETFs, structured products and alternative assets. Developed with the support of the HKSAR Government and the SFC, the IFP is a business-to-business fund services platform, with the objective of strengthening the fund distribution value chain and its ecosystem. The introduction of the Order Routing Service will help transform the fund order placement process, which includes subscriptions and redemptions, into a seamless and integrated system, enhancing communications between distributors and transfer agents, addressing long-standing operational challenges.* Albert Wang, Head of Capital Markets and CIO at PAAMC HK, said: "As one of the first fund houses to participate in the IFP fund distribution lifecycle, we are proud to support this transformative platform, which marks a significant step forward in enhancing the efficiency, transparency, and connectivity of Hong Kong's fund distribution ecosystem. This collaboration also reflects our unwavering commitment to driving operational excellence and delivering superior client experiences. We look forward to working with HKEX and peer institutions to further expand the platform's capabilities and to unlock new opportunities for the industry." The next phase of development for the IFP includes the provision of nominee services, as well as the facilitation of payments and settlement, subject to regulatory approval.* PAAMC HK will continue to actively support these advancements, contributing to the improvement of operational efficiency and connectivity within Hong Kong's asset management ecosystem. *Source: HKEX announcement dated July 3, 2025. View original content: SOURCE Ping An of China Asset Management (Hong Kong) Company Limited Sign in to access your portfolio
Yahoo
02-07-2025
- Business
- Yahoo
SEI Canada Makes Changes in Risk Ratings
TORONTO, July 2, 2025 /CNW/ -- SEI Investments Canada Company (SEI Canada), a wholly-owned subsidiary of SEI Investments Company (NASDAQ:SEIC), today announced changes to the risk ratings of certain SEI Canada funds. After conducting its regular annual review, SEI Canada has changed the risk ratings for specific classes of the funds listed below, which are disclosed in the Fund Facts and the Funds' Simplified Prospectus dated June 26, 2025. Fund name Classes Previous risk rating New risk rating U.S. All Cap Equity IndexFund All classes Medium Medium to high U.S. Small Company EquityFund E,F,O Medium Medium to high No changes were made to the investment objectives or strategies of these funds. Additional information regarding the risk rating methodology, as well as the investment objectives and strategies of each fund, can be found in the prospectus referenced above. About SEI CanadaFounded in 1983, SEI's Canadian business offers integrated investment management and strategic advice solutions to help institutional investors and intermediaries achieve their organizational goals and fulfill fiduciary responsibilities. SEI's investment approach provides multi-manager, globally diversified strategies with an appropriate home-country bias for Canadian retail investors. SEI's goals-based strategies, strategic asset allocation strategies, and asset class funds are available through select dealer relationships. For more information, visit About SEI®SEI (NASDAQ:SEIC) is a leading global provider of financial technology, operations, and asset management services within the financial services industry. SEI tailors its solutions and services to help clients more effectively deploy their capital—whether that's money, time, or talent—so they can better serve their clients and achieve their growth objectives. As of March 31, 2025, SEI manages, advises, or administers approximately $1.6 trillion in assets. For more information, visit Company/Media Contact: Leslie Wojcik SEI +1 610-676-4191 lwojcik@ SOURCE SEI Investments Company View original content: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
