Why?
From Bloomberg via Canada's Financial Post, July 31:
He's the latest in a long list of prominent economists and investors to attach their names to ETFs
Economist Nouriel Roubini, who earned the Dr. Doom moniker for his warnings of disaster ahead of the 2008 financial crisis, is looking to become the latest high-profile Wall Street veteran to make their mark in the US$9.4-trillion exchange-traded-fund universe.
The Atlas America Fund, which would count him as one of three portfolio managers, would be actively managed and invest in a variety of assets, including potentially United States government, corporate and municipal bonds, real estate, equities and gold, according to a filing with the U.S. Securities and Exchange Commission.
The fund aims to generate stable returns with low volatility and limited correlation with broader equity markets, protecting against downside risks during periods of financial market stress.
Roubini, who runs Roubini Macro Associates LLC, is the latest in a long list of prominent economists and investors to attach their names to ETFs. Fundstrat Global Advisors LLC’s Tom Lee was listed on a Monday filing for the Fundstrat Granny Shots U.S. Large Cap ETF. Fairlead Strategies LLC’s Katie Stockton launched her ETF, which trades under the ticker TACK, in 2022, while Jim Bianco, of Bianco Research LLC, lent his name to the WisdomTree Bianco Total Return Fund....
....MUCH MORE
New York Fed: "Who Wants to Be the Richest Economist?"
The author, New York Fed research librarian Amy Farber, links to one of our posts on rich economists but not to my favorite, which, if interested, you'll find after the jump....
