Assets under management at BlackRock surged to a record $7.81 trillion in the third quarter, buoyed by a rising stock market and flows into all of its product lines. Retail clients added a net $19.6 billion to BlackRock funds in the period.
A closer look at how the ETF rule has reshaped -- and perhaps rescued -- the industry.
QQQM will provide identical exposure as QQQ at a lower fee, owning Amazon.com, Apple, Microsoft and other large-cap growth stocks.
Asset managers that had been longtime ETF holdouts -- including Wells Fargo, Federated Investors and Dimensional Fund Advisors -- are finally diving in.
So far this year, inflows to bond funds total $166 billion, compared with $154 billion in all of 2019.
Over the past year, funds focused on clean energy, innovation, and online retail and gaming recorded the best returns.
Demand for certain thematic ETFs soared in the third quarter, with assets growing 42% from three months earlier.
The fixed income fund is designed to give investors a weekly dividend—every Friday.
Everyone has access to low-cost do-it-yourself options, and more people are avoiding traditional pitfalls.
