Doesn't this institutional market require an E.T.F. to continuously calculate its per-share value?
John Sinno of Arab Film Distribution said that to stay in business, the company was obliged to continue focusing on the institutional market.
Lawmakers eager to broaden health care coverage while holding down costs are examining the institutional market for medical supplies, a largely unseen $60 billion-a-year realm where things like bedpans and heart implants change hands.
In the past several months, the bank said, it has issued subordinated notes in the institutional market in Europe and the United States, in a sense preparing to replace those bought by the state last year.
The folio approach has already caught on with some hedge fund managers and investment advisers, said Matthew Ridenour, chief executive of Unx.com, an online brokerage firm based in Burbank, Calif., that specializes in such investing for the institutional market.
Both firms do a huge business managing passive funds, offering pension funds much lower costs than their active rivals at home or abroad.Small independents would also benefit from a bigger institutional market, since distribution would become less of an issue.
