Nuveen is losing its chief equity strategist, Bob Doll, known for his bullish outlook and annual list of 10 market predictions, this month.
Rotation into financials favors smaller lenders.
The move will allow Robasciotti & Philipson’s co-founders to focus on growing their social justice investing firm, Adasina Social Capital.
Dave Portnoy, founder of Barstool Sports, promoted the VanEck Vectors Social Sentiment ETF on Twitter.