ARK Investment's main ETF has gone without an inflow for three days for the first time since October -- and could post a weekly outflow for the first time since Covid struck.
The regulator “will closely review actions taken by regulated entities that may disadvantage investors or otherwise unduly inhibit their ability to trade certain securities.”
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.
Hamilton Lane is acquiring Denver-based long-short equity fund manager 361 Capital, with more than $600 million of assets. It's the third acquisition in Hamilton Lane's 30-year history.
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.