ETFs have steadily chipped away at market share of the almighty mutual fund, but the wrapper still has room to grow.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
The bank’s asset management arm has made two ETFs available on the Toronto Stock Exchange, and plans to grow staff in Canada.
Roughly 30% of portfolios had exposure to active ETFs in the second quarter, up from just 13% in 2022, Fidelity reported.
Roughly $180 billion in assets flowed out of more expensive equity funds in the first half of the year.
Reddit went public this year and is inching towards profitability, a mere 19 years after it was founded, and the future looks bright.
US antitrust enforcement against Big Tech kicked up a gear in 2024 when the DOJ won its case against Google. Does Big Tech need to worry?
This year Big Tech got into the energy game in a big way, and if it wants to chase AI it’ll need even more energy in years to come.