Some of the biggest companies in the ETF business haven’t been in the game for very long but are quickly gathering assets.
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The legacy mutual fund provider has filed for a crypto index fund, bringing TradFi and DeFi one step closer together.
Investing $1 billion in T. Rowe may be more efficient for Goldman than building out its own channel.
Some praised the move while others said alts in employee-sponsored retirement plans conflict with fiduciary standards and can harm clients.
The firm said the funding will go toward acquisitions and tech innovation.
Large pockets of the financial industry are still embracing flexible work schedules — especially independent firms.
The investment company says advisors and investors should break from the traditional strategy and take on more defensive positions this year.
US equity ETFS saw nearly $150 billion in inflows last month. Those tied to Europe, Japan, and emerging markets weren’t so lucky.