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- GURU has been outperforming the broader S&P 500 over the past year.
- GURU is up 20.6% year-to-date and up 44% over the last year, compared to the 16.1% gain in the S&P 500 index and 24.8% rise over the last year.
- The hedge fund industry have considered changing their business model to a more diversified alternative asset managers.
- “Developing into a large and diversified manager has the potential for huge value creation, but it won’t happen without heavy investment into and synergy across a number of areas, specifically the investment engine, the product portfolio, distribution capabilities, infrastructure and culture,” Louis Molinari, Head of Capital Solutions at Barclays, said in a MarketWatch article.
Global X Top Guru Holdings Index ETF
For past stories in this series, visit our ETF Spotlight category.
Max Chen contributed to this article.