Holly Framsted, who previously served as head of U.S. product segments in BlackRock’s ETF and index investments group, will join Capital Group in March.
Funds focused on growth, as well as social justice and Sharia-compliant real estate, took in the most money at the end of 2020 and the beginning of 2021.
Many quants are hoping now that as people get vaccinated and economies recover, factors will move to their own beat again and trade on the fundamental rules discovered by academics decades ago.
This week in fund news: Cannabis ETFs become more attractive as legalization possibilities expand, a Democratic Party trifecta could be great for markets and some fundsters pull their political dollars in the wake of the violence at the U.S. Capitol.
VanEck Associates Corp. has started a new push to launch an ETF tracking the world’s largest digital currency, according to a filing to the U.S. Securities and Exchange Commission
The top 20 ETFs to debut in 2020 by total fund assets include only three products from BlackRock Inc. and none from Vanguard Group or State Street Corp., according to data compiled by Bloomberg.
ETF demand was broad based in 2020, as fixed income and commodity ETFs pulled in impressive net inflows relative to their size. In addition, investors continued to choose equity ETFs over often more expensive mutual funds.
