The past two years haven’t been too kind to Wall Street comp plans, but that might be changing as bonuses make a comeback.
Roughly 30% of portfolios had exposure to active ETFs in the second quarter, up from just 13% in 2022, Fidelity reported.
Intelligent Alpha launched a new ETF that leverages AI large-language models to mimic some of the world’s best stock pickers.
The actively managed investment vehicles have quickly gained momentum after a Securities and Exchange Commission rule change in 2019.
The number of active ETF launches in the US has outpaced passive ETF product launches every year since 2020.