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.
Not long after pledging to operate a digital bank in America, Spain’s most valuable lender is reevaluating its business in the UK.
The EU wants everyone to know it has no intention of genuflecting toward a new Trump administration and won’t stop doling out Big Tech fines.
After a brief blackout period from late Saturday, TikTok began restoring services to US users on Sunday morning.