Increasing interest in tailored portfolios coupled with heightened asset manager focus suggests direct indexing will be a viable solution for investors seeking portfolios that meet their ESG criteria.
As Wall Street sours on speculative tech bets, ETF assets tracking electric and battery-focused cars are set to drop this month for the first time since March 2020.
Teenagers ages 13 to 17 will be able to trade U.S.-listed stocks, Fidelity mutual funds and most exchange-traded funds, with no account fees or commissions.
Prices have rebounded from lows in March as the dollar retreated and the Federal Reserve signaled it will keep interest rates low, even with signs of rising inflation.
In this week's fund news, OSAM's direct index platform Canvas adds four defensive and dividend-growth models, Cboe files to list Fidelity Bitcoin ETF, and ETF Managers Group lists a new cannabis ETF with U.S. exposure.
The breed of exchange-traded fund targeting niche investment ideas from sports betting to artificial intelligence is on pace for its first month of outflows in more than a year.