ETFs

Matthew Tuttle's ETF lineup was acquired by AXS Investments. He'll no longer serve as portfolio manager of SARK and more than two dozen other funds.

The fund, BITC, would offer managed exposure to Bitcoin futures contracts traded on the CME, and investments in short-term debt securities.

The average retail portfolio is down about 35% this year.

A fully diversified portfolio needs way more stocks than people think to avoid “unlucky outcomes,” according to Roni Israelov and his colleague, Yin Chen.

So far in 2022, more than $446 billion has been withdrawn from US fixed-income mutual funds, a record exodus. About $154 billion has poured into bond ETFs instead.

Unlike CDOs, which collapsed during the housing crisis, not a single AAA CLO has defaulted since the inception of the asset class 30 years ago

In about-face from September, ETFs focused on alternative investments, especially private credit, outperformed in October.