The resurgence in U.S. stocks from their Covid-19 crisis low in March, along with Biden’s recent strong polling numbers, have revived investor interest in the November election.
Family offices are increasingly turning to private markets as they look for early access to hot startups and seek returns beyond those of publicly traded securities.
The US Global Jets exchange-traded fund, ticker JETS, held just $33 million in early March when the coronavirus pandemic grounded global air travel. Its assets now top $1 billion.
BlackRock filed to license the structure of Precidian Investments’ ActiveShares product.