Industry News

ETF Upside

Why Goldman Sachs Jumped Back into Lead Market Making

Photo by Brendon Spring via Pexels

Wall Street giant Goldman Sachs has emerged as the lead market maker of the $34 million Capital Group US Large Growth ETF.

1 min read

Michael Venuto, cofounder of Tidal Financial Group. Photo via Tidal Financial Group.

ETF Upside

ETF Wave Hasn’t Crested Yet, Tidal Co-Founder Says

The business Michael Venuto started over a decade ago has become one of the go-to places for small firms looking to launch ETFs.

3 min read
Photo via May James/ZUMAPRESS/Newscom

ETF Upside

Why Invesco Wants QQQ to Become an Open-End Fund

The asset manager has asked the SEC to make QQQ an open-end fund, which would benefit Invesco and its shareholders.

2 min read
Photo via Erik McGregor/Sipa USA/Newscom

ETF Upside

BlackRock Tops $12T in AUM. State Street Profits Tumble

A handful of asset managers reported earnings Tuesday.

2 min read

ETF Upside

State Street’s PRIV Lands First Daily Inflows in Months

Photo by Terrillo Walls via Pexels

The fund pulled in more than $18 million in assets over two days last week but has seen negligible interest from investors long term.

2 min read

ETF Upside

RFG’s Bluemonte Jumps Into ETFs

Photo by Getty Images via Unsplash

The RIA’s investment manager recently launched a suite of nine products across a range of asset classes.

1 min read

Photo via Rafael Henrique/SOPA Images/Si/Newscom

ETF Upside

Vanguard Changes Leadership on 44 Funds, Including World’s Largest

Most of the affected Vanguard index mutual funds and ETFs have co-managers, but several are now operating under single portfolio managers.

1 min read
Photo via Mark Black/ZUMA Press/Newscom

ETF Upside

Invesco Hires Crypto Product Leader from JPMorgan

The firm, which offers six digital assets ETFs, announced a new global product leadership team earlier this year.

1 min read
Photo by Francescoch via iStock

Advisor Upside

Follow the Flows: Why Some Legacy Mutual Fund Firms Are Finally Exploring ETFs

Companies that were longtime holdouts on ETFs are expanding into the category, even as the SEC contemplates approval of dual share classes.

5 min read

ETF Upside

Schwab Keeps Industry’s ETF Fee Cuts Rolling

Photo by Hapabapa via iStock

Vanguard reduced fees on 87 funds earlier this year, and Schwab just lowered costs on ETFs with $66 billion in total assets.

2 min read

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