Anti-ESG funds fail to gain traction in the US
June 20, 2023--Morningstar data shows sales peaked in the third quarter of 2022
Funds designed as alternatives to environmental, social and governance funds are losing sales momentum rapidly, raising questions about the category's long-term viability.
A report from Morningstar focusing on the US market shows the funds' sales peaked in the third quarter of 2022, at $377mn but have since plunged, hitting $183mn in this year's first quarter. This comes despite overall assets rising more than seven-fold in the year to March, to $2.1bn.
Tidal Trust II files with the SEC-Return Stacked U.S. Stocks & Managed Futures ETF
June 16, 2023--Tidal Trust II has filed a Post-Effective Amendment, Registration Statement with the SEC for the Return Stacked U.S. Stocks & Managed Futures ETF.
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Innovator ETFs Trust files with the SEC-Innovator International Developed Power Buffer ETF-August
June 16, 2023--Innovator ETFs Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the Innovator International Developed Power Buffer ETF-August.
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Innovator ETFs Trust files with the SEC-Innovator International Developed Power Buffer ETF-June
June 16, 2023--Innovator ETFs Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the Innovator International Developed Power Buffer ETF-June.
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Innovator ETFs Trust files with the SEC-Innovator International Developed Power Buffer ETF-May
June 16, 2023--Innovator ETFs Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the Innovator International Developed Power Buffer ETF-May.
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Innovator ETFs Trust files with the SEC-Innovator International Developed Power Buffer ETF-March
June 16, 2023--Innovator ETFs Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the Innovator International Developed Power Buffer ETF-March.
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Victory Portfolios II files with the SEC-VictoryShares Free Cash Flow ETF
June 16, 2023--Victory Portfolios II has filed a Post-Effective Amendment, Registration Statement with the SEC for the VictoryShares Free Cash Flow ETF.
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Innovator ETFs Trust files with the SEC-Innovator International Developed Power Buffer ETF-February
June 16, 2023--Innovator ETFs Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the Innovator International Developed Power Buffer ETF-February.
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RBB Fund, INC. files with the SEC-Genoa Opportunistic Income ETF
June 16, 2023-RBB Fund, INC has filed a Post-Effective Amendment, Registration Statement with the SEC for the Genoa Opportunistic Income ETF.
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Innovator ETFs Trust files with the SEC-Innovator International Developed Power Buffer ETF-December
June 16, 2023--Innovator ETFs Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the Innovator International Developed Power Buffer ETF-December.
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Dimensional ETF Trust files with the SEC-Dimensional California Municipal Bond ETF
June 16, 2023--Dimensional ETF Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the Dimensional California Municipal Bond ETF.
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Innovator ETFs Trust files with the SEC-Innovator International Developed Power Buffer ETF-September
June 16, 2023--Innovator ETFs Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the Innovator International Developed Power Buffer ETF-September.
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BlackRock delves deeper into crypto with push for bitcoin ETF
June 15, 2023--Asset manager's product would be first publicly traded spot bitcoin exchange traded fund in US if approved by SEC
BlackRock pushed further into cryptocurrencies on Thursday by filing an application with the US Securities and Exchange Commission to offer a spot bitcoin exchange traded fund.
If the SEC approves the application, the fund would trade on the Nasdaq stock market, making it the first publicly traded spot bitcoin ETF in the US.
The $9tn money manager already runs a private spot bitcoin trust that it launched last year. The ETF marks a further expansion of its partnership with embattled crypto exchange Coinbase, which would be the custodian of the fund's bitcoin.
IMF Staff Country Report-United States: 2023 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the United States
June 15, 2023--Summary:
The U.S. economy has proven resilient in the face of the significant tightening of both fiscal and monetary policy in 2022.
Consumer demand has held up particularly well, boosted initially by a drawdown of pent-up savings and, more recently, by solid growth in real disposable incomes. Policy restraint is expected to continue to slow the economy in 2023 with a modest pick-up in momentum later in 2024. Unemployment is expected to rise slowly to close to 4 ½ percent by end- 2024.
Carving Up the Bond Market Swells Into $39 Billion ETF Business
June 15, 2023--Maturity-focused BlackRock and Invesco bond funds are booming
managers are flocking to extremely precise fixed-income exchange-traded funds as a hawkish central bank and economic uncertainty batter the bond market.
Assets in BlackRock Inc. and Invesco Ltd.'s maturity-focused bond ETFs, which hold debt maturing in a certain year, have soared to all-time highs this year, data from the issuers show. BlackRock's iBonds lineup now holds over $22 billion, while Invesco's BulletShares suite of funds isn't far behind with over $16 billion.