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April 4, 2019 04:30 pm GMT

Apertures Peter Kraus takes aim at passive ETFs and the illusion of free with new startup

Were breaking beta from alpha. That doesn’t exist anywhere. We’re literally saying, Only pay us for alpha and define beta. Nobody has done that. Thats an energized quote from legendary Wall Streeter Peter Kraus. For those not familiar with the lingo, Ill translate: Krauss new company Aperture, which has just launched a new mutual fund […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/IJdJZhLauBs/

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