MutualFundWire.com
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
Monday, July 18, 2011 Stevens Continues to Have Faith in ETFs FaithShares is liquidating its entire ETF roster and the company's CEO is starting a new venture, NewsOK.com reports. Garrett Stevens is starting a new firm called Exchange Traded Concepts, which, acccording to its Web site, will provide "a portal to launch new custom exchange traded funds quickly and inexpensively through a complete turnkey solution." "We are closing these (funds) and transitioning to a new business model that's much larger in scope," Stevens told the pub. "Everything we have learned over the past couple of years will make this new venture ultimately successful." Printed from: MFWire.com/story.asp?s=37329 Copyright 2011, InvestmentWires, Inc. All Rights Reserved |