Alex is a founding member and Managing Partner as well as Portfolio Manager of The Rockledge Group and Rockledge Advisors. Rockledge is an independent investment advisory firm specializing in sector investing using proprietary Ă˘â‚¬Ĺ“Sector Scoring and Allocation MethodologyĂ˘â‚¬Âť. Rockledge manages funds for both US and European individual and institutional investors.
iShares, the worldĂ˘â‚¬â„˘s largest ETF firm, is taking steps to launch another two dividend ETFs, one focused on emerging market securities and the other targeting the Asia/Pacific region, adding to a growing stable of ETFs that serve up dividend-paying stocks in the developing world. The iShares Emerging Market Dividend Index Fund , as well as its more tightly focused Asian counterpart, the iShares Asia/Pacific Dividend 30 Index Fund , will each track a respective Dow Jones Select Dividend benchmark. They would both invest in local firms that have consistently provided high dividend yields over time.
Jack Crooks: This week global central banks announced a coordinated effort to inject liquidity into credit markets. From Reuters : Ă˘â‚¬Ĺ“The central banks of the United States, euro zone, Japan, Canada, Britain and Switzerland announced on Wednesday coordinated global action to provide liquidity to the financial system, lowering the price on existing dollar swaps.Ă˘â‚¬Âť As frequently as these monetary powers must work together in world-saving plans, this is only the third instance of this particular type of announced collusion. The first was in December 2007.