Hints and tips:
...Industry-wide, $8.16tn sat in ETFs at the end of 2023 — up more than fourfold from a decade earlier, the database shows....
...ETFs are having tremendous success in the industry as low-cost, tax-efficient portfolio building blocks,” he added....
...More than half of US actively managed mutual funds and ETFs outperformed their average passive counterparts in the 12 months to the end of June, a Morningstar report shows....
...Like mutual funds, ETFs hold assets — just bitcoin, in this case — but they trade on exchanges like stocks and usually enjoy preferential tax treatment in the US....
...BlackRock’s lead in the US exchange traded fund market is being eroded by Vanguard and smaller rivals as firms jockey for a larger slice of the $8tn industry....
...As such, the launches are “confirmation of the trend from mutual funds to ETFs”, said Bryan Armour, director of passive strategies research, North America, at Morningstar....
...April 5 to May 31; further information and tickets here ‘London Tide’, National Theatre Ben Power’s adaptation of Dickens’ Our Mutual Friend charts two women’s lives following the discovery of a body in...
...*Ignites is a news service published by FT Specialist for professionals working in the asset management industry. It covers everything from new product launches to regulations and industry trends....
...“While it’s been going on for a while, I think we’ll look back on 2022 as the year mutual funds formally passed the baton to ETFs. The mutual fund is now dying as an investment vehicle....
...BlackRock’s total AUM dropped 20 per cent to $8tn as of the third quarter and across the entire mutual fund and ETF industry assets fell 17 per cent to $28tn at the end of October, according to the Investment...
...However, the far smaller, but more nascent, active ETF industry managed to attract a net $51.8bn in the same period, according to Morningstar, in line with its 2021 run rate....
...So get the conversation out in the open, and take the pressure off by making a mutual pact to avoid extravagant gifting....
...The US’s largest producer of oil and gas, Texas in 2021 passed a law that attacked ESG investing for potentially hurting the industry....
...The comparable US industry numbers are 25 per cent women, and 6 per cent minorities, according to the Investment Company Institute....
...But if you’re a sustainable investor, what you might not have noticed is that the mutual funds you own are likely to be heavily exposed to tech stocks....
...An insider’s account of the controversial investment industry preaches to the converted....
...Industry-wide, mutual funds issued $71.9bn in capital gains during the first half of 2021, more than double that of the first six months of 2020, according to the Investment Company Institute‘s most updated...
...It also includes the first active mutual funds to convert to ETFs, including half a dozen from Dimensional Fund Advisors....
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com. You can build it, but will they come?...
...However some fund managers see Tesla as the “original” meme stock, thanks to the fervent belief of its investors in Musk’s plans to revolutionise several industries beyond carmaking and even pioneer commercial...
...*Ignites Asia is a news service published by FT Specialist for professionals working in the asset management industry. It covers everything from new product launches to regulations and industry trends....
...A public acceptance by Tesla chief and crypto cheerleader Elon Musk of the industry’s environmental impact added to the declines....
...Throw in non-public internal passive strategies, and we are probably talking of well north of $25tn....
...The dowdy brick building just north of Omaha’s centre was once a convent....
...(FT) Banks vs private equity Mutual favours are common practice between private capital and Wall Street....
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