Opportunities in Live Sports
Market Intelligence Analysis
AI-PoweredGabelli Funds' sports and media-focused ETF has been launched, investing in publicly traded companies that benefit from major sports events, with a focus on liquidity and transparency.
Market impact analysis based on bullish sentiment with 80% confidence.
Article Context
Gabelli Funds CO-CIO Chris Marangi discusses the recent launch of the firm’s sports and media-focused ETF. He explains the fund’s strategy of investing in publicly traded companies benefitting from major sport events such as Comcast and Rogers Communications, while emphasizing liquidity and transparency over private investments. The fund avoids controversial betting stocks and does not hedge currency. He speaks with Scarlet Fu, Katie Greifeld and Eric Balchunas on ‘ETF IQ.’ (Source: Bloomberg)
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