This week, we speak with Luis Berruga, the chief executive officer at Global X ETFs. Before joining Global X, which has $42 billion in assets under management, Berruga was an investment banker at Jefferies.
We discuss some of his favorite themes and ETF tickers. Berruga explains how the firm’s deep research bench allows them to test new ideas and their investment strategies for investment performance, liquidity, and conviction.
We also discuss some of their more popular themes and their tickers:
Founder-Run Companies BOSS
Interest Rate Hedge RATE
Variable Rate Preferred PFFV
Nasdaq 100 Covered Call QYLD
Cybersecurity BUG
Lithium & Battery Tech LIT
Wind Energy WNDY
Clean Water AQWA
To clarify the audio — which was edited for brevity — when I mention I really like a specific Global X ETF on the show, I was referring to their themes and/or wacky ticker symbols; these are not “Buy” or “Sell” recommendations. (Disclosure: RWM does not own any of these).
A list of his favorite books is here; A transcript of our conversation is available here Tuesday.
You can stream and download our full conversation, including the podcast extras on iTunes, Spotify, Stitcher, Google, YouTube, and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here.
Be sure to check out our Masters in Business next week with Kathleen McCarthy, Global Co-Head of Blackstone Real Estate. Blackstone is the world’s largest owner of commercial real estate globally with a $565 billion portfolio and $319 billion in investor capital.
Luis Berruga’s Current Reading
Man’s Search for Meaning by Viktor Frankl
Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad Ones by James Clear
