Core ETFs still gained the bulk of inflows, but some factor-driven and sector-focused funds have joined the rarified rank of ETFs that pulled in more than $1 billion so far this year.
New Coinbase tools include custodial services where investors can store large amounts of digital currencies, as well as enhanced trading capabilities, such as risk management and margin trading.
The more than $90 billion that flowed into U.S. high-yield bond funds in the wake of the financial crisis has flowed back out—and more besides—even though the performance of the asset class is holding up.
Investors with a sector focus were slow to funnel new money to energy sector funds at a time when oil prices hit new highs.
Emerging Markets Equity Funds recorded their biggest weekly outflow in over eight months with all four of the major regional groups experiencing net redemptions.
Stifel buys Business Bancshares, John Hyland joins Bitwise and Yield Street is offering marine finance investments.
