While fiduciaries do not have to avoid ESG-related investments, they do need to put them through the same prudent, thorough and well-documented process that they use to consider all plan investments.
Grayscale Investments will use BNY Mellon for exchange-traded fund services upon the hoped-for conversion of its $21.5 billion Grayscale Bitcoin Trust (GBTC)
The head of Ark Investment Management LLC will assist fintech platform Tifin as the company’s subsidiary Magnifi introduces commission-free brokerage services.
Citi Self Invest will be available to checking account holders at first and applies to individual stocks and ETFs but will later add other types of investments, such as mutual funds or options.
Exchange-traded funds tracking the space industry have faced net outflows for the past two months in a row.
The SEC may soon require greater transparency of the diversity at asset managers; SMArtX adds 56 new strategies to its TAMP platform; and J.P. Morgan launches two new nontransparent active ETFs.
These funds took in the most money over the past 30 days.
One of the biggest drivers of performance among the work-from-home funds over the past year has simply been timing.