The issuer’s popular S&P 500-tracking fund also recently made history by amassing $1 trillion in assets.
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The acquisition adds some 90 indices to VettaFi’s roster and more than triples the firm’s indexed assets.
The reductions aren’t raising stakes in the never-ending game of fee poker between asset managers. Rather, Schwab is calling their bets and refusing to fold.
SpaceX is set to go public on Friday. Here’s how it could impact the industry.
The firm joins a growing list of issuers looking to launch the strategy.
The FITZ fund goes against the grain, arguing that just 30 top-performing stocks will beat broad market indexes.
As ETF products get more complex, the widening pay gap for asset management employees poses risks.
“Everyone wants a piece of SpaceX,” said Strategas’ ETF strategist Todd Sohn.
The fund would become the first ETF to hit the trillion-dollar milestone.
When smaller issuers can’t compete with the major index providers, where do they go?
The sovereign wealth fund investing in PRIV isn’t the only institution tipping the scales.
While the CEO has seen countless funds and strategies come and go, the industry’s nowhere close to running out of ideas.
Janus Henderson is the latest manager to look across the pond.
BlackRock filed for two tokenized money-market funds, while State Street debuted an onchain cash-management product.
Pensions, endowments and other institutional asset owners are finding new uses for exchange-traded funds.
Roundhill and GraniteShares indicated that they could soon launch funds making election bets.