A record 14 new issuers entered the market in 2020, besting the 10 new entrants in 2019 and seven in 2018.

With the pending addition of an approximate 1.5% weighting in Tesla, investors in ETFs such as SPY are being reminded that passive funds undergo regular changes. 

After lagging bond funds for most of 2020, ETFs tracking equities lured a record $81 billion last month, bringing their total haul for the year to $196 billion.

The central bank’s corporate-bond facilities may expire on Dec. 31, but their legacy will inform investor behavior for years to come.

Dimensional Funds released two actively-managed products, one focused on U.S. equities and the other on international stocks.

Resolute Investment Managers, which acquired a minority investment in Ark Investment Management in 2016, is attempting to purchase a controlling stake in the firm.

“A rotation away from tech, particularly if that’s combined with the traditional energy sector coming back into favor, could spell doom for ESG ETF performance.”