ETFs have steadily chipped away at market share of the almighty mutual fund, but the wrapper still has room to grow.
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The bank’s asset management arm has made two ETFs available on the Toronto Stock Exchange, and plans to grow staff in Canada.
Roughly 30% of portfolios had exposure to active ETFs in the second quarter, up from just 13% in 2022, Fidelity reported.
Roughly $180 billion in assets flowed out of more expensive equity funds in the first half of the year.
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Advertising big wigs say they may flee Meta platforms if their brands appear next to toxic content. But where else would they go?
Some 8,000 industry movers and shakers are expected today for the annual JPMorgan Healthcare Conference, or simply JPM.