The changing of the guard is proof that retail and advised clients, with much longer time horizons, are prioritizing low-cost passive funds.
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Investors are wondering if the current geopolitical landscape may open up new opportunities north of the border.
Adoption of the cryptocurrency has outpaced other transformative technologies like the internet and mobile phones.
A quartet of ETFs faceplanted last year, but they could mount a comeback this year.
The asset manager announced annual revenues rose 14%, topping $20 billion for the first time, with record net inflows of $641 billion.
New filings with the Securities and Exchange Commission are requesting permission to launch ETFs that hold both public and private assets.
US equity ETFS saw nearly $150 billion in inflows last month. Those tied to Europe, Japan, and emerging markets weren’t so lucky.
BlackRock is acquiring HPS Investment Partners in a deal that could increase its private assets under management to $600 billion.
Real-time prices for corporate bonds are hard to come by. A handful of banks want to bring the closely guarded data into the 21st century.
New digital-asset funds from BlackRock and WisdomTree are bypassing traditional systems and issuing assets directly on the blockchain.
ETFs have steadily chipped away at market share of the almighty mutual fund, but the wrapper still has room to grow.
BlackRock’s iShares Bitcoin Trust ETF is riding Election Day momentum and took in record inflows last week.
The deal is the latest example of major investments into the RIA space, with much of the funding coming from private equity.
JPMorgan Chase and Wells Fargo, among other banks and asset managers, beat analysts’ expectations in the third quarter.
The bank’s asset management arm has made two ETFs available on the Toronto Stock Exchange, and plans to grow staff in Canada.
The shift highlights the growing footprint of traditional firms in the digital asset industry, and signals renewed confidence in crypto.