The asset manager is banking on financial advisors' growing interest in targeted investment strategies.
Amplify ETFs is acquiring the assets of ETF Managers Group, bringing under one roof funds that offer exposure to marijuana, blockchain, artificial intelligence and more.
Sales were strong late last year amid several ETF launches in this category, but have since slowed, according to Morningstar.
The $1.4 trillion fund company continues to grow through acquisitions in a shrinking category.
The retirement plan for federal government workers also includes numerous Christian and 'pro-life' funds that would seemingly be affected by the legislation.
The firm miscalculated annual yield and income for nine funds on approximately 8.5 million statements. It also failed to act promptly when customers noticed something was wrong.
As interest in artificial intelligence grows, it's worth looking under the hood of sector ETFs.
About $46.7 billion poured into US money market funds in the week ended Wednesday as investors piled into assets offering relatively safer returns amid the uncertainty around talks on extending the US debt limit.
The SEC chair drew the ire of fund officials when he suggested that the agency looks out for investors while the industry looks out for itself.
The new policy will apply to more than 80% of institutional equity fund assets and ETFs.
'ESG funds are not the next great innovation,’ Tim Buckley said at an Investment Company Institute conference. 'They’re a client preference, and we need to treat it as such.'
The fourth ETF from upstart Qraft will test the limits of AI by going in and out of the market based on what the data say.
Resolutions asking companies to phase out coverage for new projects aren't doing as well as those pushing insurers to disclose plans for their climate goals.
Its expanded LiquidityDirect platform provides access to various short-term cash management funds, strategies and even community banks.
More than half of US asset managers see ESG as a high priority, and many are adding staff to support that.
An analysis tool on its Invest Your Values site gives participants a peek into the exposure their plans have.
The four ETFs consist of passive and factor-based exposures managed by Envestnet and active exposures managed by third-party investment managers.
Fifty years after the passage of ERISA, the insurance industry has come to the rescue with solutions that allow retirement plans to address the problem of decumulation.
Just 58 sustainable exchange-traded funds launched globally in the first quarter, down from 101 that were introduced during the same period last year.
'It's sort of like the nicest house on an ugly block, which, relatively speaking, is the best place to be,' said one advisor.
