In this week's fund news, two congressional leaders put target-date funds under scrutiny, Yale's endowment head David Swensen dies, and Alger launches a new semi-transparent active ETF.
The Direxion Daily Global Clean Energy Bull 2X Shares and Direxion Daily Global Clean Energy Bear 2X Shares would be the first leveraged clean-energy ETFs in the $6.2 trillion ETF industry.
Expert panelists including Joel Greenblatt, Liz Ann Sonders, Jeffrey Sherman and Jan Van Eck weigh in on the market exuberance at Informa Connect’s Inside Wealth virtual event.
A New York appeals court ruled late last month that Credit Suisse Group AG must face allegations it engineered the implosion of its VelocityShares Daily Inverse VIX Short Term notes (XIV).
As more investors seek to align their societal goals with their financial objectives, it is important to understand what is and is not inside ESG ETFs.
Creative Planning CEO Peter Mallouk and entrepreneur Mark Cuban make a big bet on crypto, Amazon and Netflix versus the S&P 500; Nottingham gets approval for mutual fund-to-ETF conversion; and CI Global launches an Ethereum mutual fund.
A quirk in the way many environmental, social and governance indexes are built means several ESG funds hold stakes in big oil producers such as Exxon Mobil Corp. and Chevron Corp.
