Companies in sectors that many ESG funds would exclude, such as tobacco, fossil fuel and gaming companies, can still access credit markets with relative ease, investors say.
The world’s biggest ETF issuer is cutting the expense ratios on nine iShares Morningstar U.S. Equity Style Box ETFs to a range of 0.03% to 0.06% — down from previous charges between 0.25% and 0.30%.
Hartford has long been considered a potential takeover candidate for the biggest insurers in the U.S., and Chubb could reap considerable cost savings from a deal.
Wall Street banks have stayed mostly on the sidelines as cryptocurrencies surged in popularity. While futures contracts based on Bitcoin and Ether, the second-largest digital currency, are available at major exchanges, none of the six biggest U.S. banks have until now offered their customers access.
The change comes after calls from accountants and leaders in Congress to delay the due date as new legislation and pandemic-related work changes disrupt taxpayer plans.
Complaint is first time environmental groups have brought such claims to the Federal Trade Commission against an oil giant.
At least four firms have live applications for exchange-traded funds tracking Bitcoin, but how the SEC will deal with the filings is a mystery.
At one point, his position was "in the hole by about $10 million," but he stuck with it to sell at a profit, the legendary investor said.
The possibility comes as CEO Thomas Gottstein grapples with the aftermath of the Greensill scandal across the bank's businesses.
Retail investors are piling into exchange-traded funds built around such trends as social media, online betting and SPACs.
