In this week’s fund news, how Dave Portnoy used the indexer loophole to promote BUZZ, Driehaus loses its founder, and Morningstar doubles analyst coverage for model portfolios.
Until the industry adopts standard metrics for ESG investing, only customization and transparent communication and disclosures will help these strategies fulfill their promise to investors.
This week in fund news, VanEck's BUZZ goes live with Portnoy's backing; mutual fund-to-ETF conversions are coming; and Avantis hires more DFA execs.