People Trying Hard To 'Outfox' S&P 500: Cutright
Brooks Cutright, portfolio manager at Hedgeye Asset Management, joins Scarlet Fu and Eric Balchunas on "Bloomberg ETF IQ." Index tracking funds have nearly $27 trillion tied to the S&P 500. This Friday the S&P 500 is set to announce who may be added or taken out of the index as part of a rebalancing. Thirty-six companies appear to qualify for entry, while more than 110 existing members no longer…
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
