Best of Bloomberg Intelligence (06/28/2022)

The video discusses new exchange-traded funds (ETFs) that focus on after-hours trading, aiming to exploit the 'night effect' where buying stocks at the close and selling at the open can yield better returns. Challenges such as high transaction costs are addressed by Night Shares ETFs, which plan to use treasuries and futures to offset costs. The strategy may appeal to institutional investors due to lower volatility and higher risk-adjusted returns.

What is the main idea behind the new pair of exchange traded funds mentioned in the text?

What are the potential benefits of holding stocks overnight as described in the text?

In what ways do institutional investors differ from retail investors in their trading strategies as mentioned in the text?

How do transaction costs impact the strategy of after hours trading according to the discussion?

What factors contribute to the lower volatility of stocks held overnight?