Michael A. Paciotti - Seeking Alpha © seekingalpha.com. Use of this feed is limited to personal, non-commercial use and is governed by Seeking Alpha's Terms of Use (http://seekingalpha.com/page/terms-of-use). Publishing this feed for public or commercial use and/or misrepresentation by a third party is prohibited. SeekingAlpha.com http://seekingalpha.com/author/michael-a-paciotti Just One ETF: Getting Back to Quality With Focus on Low Debt, High ROE http://seekingalpha.com/article/242347-just-one-etf-getting-back-to-quality-with-focus-on-low-debt-high-roe?source=feed 242347
Several times a week, Seeking Alpha's Jason Aycock asks money managers about their single highest-conviction position - what they would own (or short) if they could choose just one stock or ETF.

Michael Paciotti is co-founder and chief investment officer at Integrated Capital Management , managing money for institutions and high-net-worth individuals. A CFA, he previously was responsible for overseeing proprietary investment programs for Guardian Life Insurance Company's $3 billion advisory business.

Which single asset class are you most bullish (or bearish) about in the coming year? What ETF position would you choose to best capture that?

We view high financial quality equities, those with low debt and high and sustainable ROE, as an overlooked segment of the market and one of the best relative values available today. There are a handful of ETFs that can be used to capture quality, but none more specific than the PowerShares S&P 500

]]> Thu, 16 Dec 2010 17:48:05 -0500 Michael A. Paciotti By Michael A. Paciotti:
Several times a week, Seeking Alpha's Jason Aycock asks money managers about their single highest-conviction position - what they would own (or short) if they could choose just one stock or ETF.

Michael Paciotti is co-founder and chief investment officer at Integrated Capital Management , managing money for institutions and high-net-worth individuals. A CFA, he previously was responsible for overseeing proprietary investment programs for Guardian Life Insurance Company's $3 billion advisory business.

Which single asset class are you most bullish (or bearish) about in the coming year? What ETF position would you choose to best capture that?

We view high financial quality equities, those with low debt and high and sustainable ROE, as an overlooked segment of the market and one of the best relative values available today. There are a handful of ETFs that can be used to capture quality, but none more specific than the PowerShares S&P 500


Complete Story »]]> VIG SPHQ Michael A. Paciotti