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The issuer’s popular S&P 500-tracking fund also recently made history by amassing $1 trillion in assets.
BlackRock filed for two tokenized money-market funds, while State Street debuted an onchain cash-management product.
The combined net worth of the US CEOs who joined President Donald Trump for a two-day summit in China is nearly $1 trillion.
The world’s largest asset manager launched an active fund, the iShares $ EM Bond Active Ucits ETF, in April.
Wealthier people are less likely to value financial advice, but there are consequences to trading ETFs outside of advisory relationships.
Issuers are pumping out funds to meet investor demand, but there’s a growing risk that many of the new ETFs will have short shelf lives.
The complaint alleges Vanguard acted in bad faith by thwarting certain business deals post-acquisition.
The consensus takeaway from the earnings season so far is that the economy is, in spite of everything, doing pretty good.
A handful of asset managers reported earnings Tuesday.
Nothing to boost an asset class like the most powerful legislative body in the world holding a week in your honor.
The firm has launched nine total fixed-income ETFs this year.
Numerous products have been awaiting approval by the SEC, and more, such as an index-based crypto ETF, are in development.
Economic uncertainty and rising geopolitical tensions have family offices becoming more selective with their allocations, per BlackRock.
Assets under management in defined outcome ETFs are expected to top $650 billion by 2030, according to BlackRock data.
Asset managers said active strategies are among their top choices for new products, per Morningstar.