AICA – Excellence Beyond Indexing

Business Advice

Insight2016-08-01T14:51:33-04:00

XA’s Perry says leverage in rising-rate world is a double-edged sword

February 24th, 2023|Comments Off on XA’s Perry says leverage in rising-rate world is a double-edged sword

Steven Perry, vice president at XA Investments -- where he oversees product management on the XAI Octagon Floating Rate and Alternative Income Trust, -- discusses the benefits and risks associated with leverage in closed-end funds during a rising-rate environment, noting that for the closed-end fund market at the end of 2022...

GraniteShares’ Rhind: Inflation’s peak improves prospects for BDCs and CEFs

February 17th, 2023|Comments Off on GraniteShares’ Rhind: Inflation’s peak improves prospects for BDCs and CEFs

Will Rhind, chief executive officer at GraniteShares -- which runs the GraniteShares US High Income ETF -- says that it appears to him that inflation has peaked and that interest rates are more stable, which has created a more favorable outlook for business-development companies and closed-end funds...

Wallach Beth’s trading director on CEF liquidity and execution

February 10th, 2023|Comments Off on Wallach Beth’s trading director on CEF liquidity and execution

Michael Beth, director of trading at WallachBeth Capital, says that for all of the growth in the closed-end fund space, the amount of trading done each day is relatively small compared to other investment vehicles, which creates challenges for investors to get efficient execution on trades...

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