Morningstar broke down what advisors and investors need to know about the recent surge in interval funds. The explosion in private credit has had the unintended effect of reducing the broader financial system’s leverage, according to Investing.com...
Blackrock’s Chief Investment Officer reported that while hedge funds and brokerages have dipped into spot bitcoin ETFs, RIAs have been slower to embrace them. Morgan Stanley is adding more manager-traded SMAs to its UMA platform, reports FundFire...
After suffering outflows in January, these long-only systematic funds popular with the retail crowd have now enjoyed five consecutive months of inflows and are on track to beat 2023’s haul.