The SEC is following the money: Few businesses are booming in high finance like sustainable investing, as governments, pension plans and corporations all seek to lower their carbon footprints and be better public citizens.
SEC Chair Gary Gensler's latest comments mark the newest warning to the asset management industry to avoid inflated language around its environmental, social and governance allocations.
Ark Investment Management’s Transparency ETF will closely follow an index that excludes industries including alcohol, banking, gambling and oil and gas.
The KraneShares CSI China Internet Fund (KWEB) added $181 million of new cash on Tuesday, making it larger than the $6.1 billion iShares MSCI China ETF (MCHI).
Valkryie Investments sought regulatory permission for a futures-based fund two months ago, likely the first company to do so before an onslaught by others following positive comments on the structure by the SEC.