ETFs

The Inverse Cramer Tracker ETF (SJIM), a fund that aimed to short stocks recommended by the bombastic TV personality, managed to attract just $2.4 million in assets since its launch in March 2023.

The end of the low interest-rate era has coincided with both the public and corporate sectors pulling back on efforts to be virtuous.

The move by the world's largest asset manager reflects a "bullish view on the economy and a soft landing."

Falling valuations mean that future expected returns are higher.

Bitcoin has whipsawed investors since the ETF launch, fluctuating as much as 12% in the first 24 hours or so around the initial trading of the funds.

US fund clients withdrew a net $5.1 billion in the final three months of 2023, according to a fresh analysis by Morningstar Inc.

Chuck Cooper III, advisor and managing partner at Lee’s Summit, Mo.-based StrongBox Wealth, provides a peek inside the $400 million RIA’s stock picking strategy within its high conviction, conservative growth model portfolio.

The New York-based ETF provider is liquidating 19 niche funds, part of a broader trend of increasing closures alongside record numbers of new launches.

Global demand for cryptocurrency investment products eased last week, with funds seeing $21 million in outflow.