US equity ETFS saw nearly $150 billion in inflows last month. Those tied to Europe, Japan, and emerging markets weren’t so lucky.
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The past two years haven’t been too kind to Wall Street comp plans, but that might be changing as bonuses make a comeback.
Roughly 30% of portfolios had exposure to active ETFs in the second quarter, up from just 13% in 2022, Fidelity reported.
Intelligent Alpha launched a new ETF that leverages AI large-language models to mimic some of the world’s best stock pickers.
The actively managed investment vehicles have quickly gained momentum after a Securities and Exchange Commission rule change in 2019.
The number of active ETF launches in the US has outpaced passive ETF product launches every year since 2020.
For years, traditional cable had one trump card against the upstart streamers devouring their business: live programming. Not anymore.
TD Bank was fined more than $3 billion by regulators in October in what’s arguably the biggest banking scandal of the year.
Europe’s bank M&A scene has been noticeably stagnant for a while, but that could all be about to change next year.