Seventeen years ago, iShares launched its first wave of ETFs, and immediately changed the asset management business. A member of that team recalls how the magnitude of its success took even some insiders by surprise.
Morningstar’s Next Revolution.
Advisors believe the market is headed for a correction, AI is no threat to wealth managers and cryptocurrencies are now tracked on the Bloomberg Terminal.
The CIO of Japan’s Government Pension Investment Fund on the future of investing and asset management.
Investors pulled $11.6 billion from mutual funds, the second largest weekly outflow this year, while pouring $14.6 billion into ETFs, according to Goldman Sachs.
The start of December wasn’t short of geopolitical grist, either.
House Republicans protest the Senate’s FIFO provision, ESG-friendly companies beat the S&P and Morgan Stanley inks endorsement deal with Justin Rose.
Vanguard and BlackRock aren’t squeezing out the smaller managers—the bad ones are weeding themselves out.
Flows say investors see the glass half full next year.