In this week's fund news, iM Global Partner continues U.S. expansion; ProFunds debuts the first Bitcoin strategy mutual fund; and investors have saved $357 billion thanks to passive indexing.
In this week's fund news, Parametric debuts lower minimums for tax-managed SMAs; Viridi launches first clean energy crypto mining fund in the U.S.; and index-based products drove a notable record for fund inflows over the first half of the year.