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On Wednesday, Tuttle Tactical Management (TTM), an experienced industry leader in Trend Aggregation, launched the
SPAC and New Issue ETF (NYSE: SPCX), which is now available for trading on the NYSE. SPCX is the first actively-managed ETF that gives investors direct exposure to the disruptive capital markets theme of Special Purpose Acquisition Companies (SPACs).
“The SPAC market has traditionally been hard to access for all but a small group of institutional investors,” says Matthew Tuttle, Chief Executive Officer and Chief Investment Officer of TTM, which serves as the Advisor to SPCX.
He continues, “As there is limited information on publicly-traded SPACs, selecting the right SPAC in which to invest can seem like a daunting task. SPCX offers investors a broad portfolio of SPACs within the familiar liquid and tax-efficient wrapper of an ETF.”
The SPAC and New Issue ETF (SPCX) Launches on the NYSE
First Actively-Managed SPAC ETF Gives Investors Access to a Burgeoning Market
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NEW YORK, Dec. 16, 2020 /PRNewswire/ The SPAC and New Issue ETF (NYSE: SPCX) starts trading on the New York Stock Exchange today. SPCX is the first actively-managed ETF that gives investors direct exposure to the disruptive capital markets theme of Special Purpose Acquisition Companies (SPACs). The SPAC market has traditionally been hard to access for all but a small group of institutional investors, says Matthew Tuttle, Chief Executive Officer and Chief Investment Officer of Tuttle Tactical Management LLC ( TTM ), which serves as the Advisor to SPCX. As there is limited information on publicly-traded SPACs, selecting the right SPAC in which to invest can seem like a daunting task. SPCX offers investors a broad portfolio of SPACs within the familiar liquid and tax-efficient wrapper of an
December 12, 2020 | Trading Desk Notes For December 12, 2020
Victor Adair Victor Adair, author of The Trading Desk Notes, began trading penny mining shares while attending the University of Victoria in 1970. He worked in the mining business in Canada and the Western United States for the next several years and also founded a precious metals trading company in 1974.
He became a commodity broker in 1977 and a stock broker in 1978. Between 1977 and his retirement from the brokerage business in 2020 Victor held a number of trading, analytical and senior management roles in Canada and the USA.
Victor started writing market analysis in the late 1970’s and became a widely followed currency analyst in 1983. He started doing frequent media interviews in the early 1980’s and started speaking at financial conferences in the 1990’s. He actively trades his own accounts from The Trading Desk on Vancouver Island. His personal website is www.VictorAdair.ca.
Submitted
By Hugh Leask | 10/12/2020 - 5:34pm
2021 will see an “acceleration of trends” across the hedge fund industry, according to Jack Inglis, CEO of the Alternative Investment Management Association, with the sector becoming more digitalised and more socially conscious, as managers play an “integral part” in the economic recovery following the coronavirus crisis.
Hedge funds are set for a “renaissance” next year as investor interest in the sector rebounds following 2020’s momentous events, driving a “major rethink on portfolio allocation” among clients.
“During the peak Covid-19 market volatility in the first half of 2020, hedge funds, on average, halved the losses incurred by equity markets and balanced portfolios,” Inglis said in a commentary this week.