In this week's fund news, Voya acquires the investment advisory business of Tygh Capital Management; Hartford launches first semitransparent ETF; VanEck's bitcoin futures ETF lists; and Schwab introduces its first active and ESG ETF.
Not only are best-in-class emerging market companies on par with their household name peers in developed markets, but they are also aided by powerful long-term trends that are taking hold worldwide.
Wall Street loves Powell for helping lift the stock market up from its pandemic lows. But will he continue to keep rates low and credit cheap?