This week in fund news: Hercules debuts fund amid unprecedented volatility, the growing interest in impact investments in Black communities and Hamilton Lane’s continued push into the wealth channel.
GameStop has soared during January but is under owned by ETFs given its more than $20 billion market capitalization. Just 63 funds own a position in the company.
There was a divergence in demand for ETFs in 2020 between the classic index-based, low cost beta and more thematic, active strategies, according to a panel at the Women in ETFs conference.
ESG funds may underperform if investors move away from overvalued stocks, especially the technology and clean energy shares that fueled the 2020 rally.
In this week's fund news, advisors' most highly traded securities of 2020, Vanguard's 10 basis-point, active ETF and a look at Schwab's new low-cost variable annuities.
The Accelerate Arbitrage Fund, launched in April by Julian Klymochko, invests in SPACs, before they’ve announced deals, and also incorporates merger arbitrage.
