iCapital Network is buying an alts investment fund platform from the bank. Wells Fargo, in turn, is investing in the fintech.
The degree to which the fixed-income ETF landscape has stabilized is just another example of how powerful the Fed’s interventions have been in soothing -- and stoking -- financial markets.
As inflows soar and market dislocations vanish, America’s exchange-traded fund market is back to the boom times -- consigning to history two major disruptions of the pandemic crash.
WisdomTree Investments plans to launch a fund that could invest as much as 5% of its net assets in Bitcoin futures traded on the Chicago Mercantile Exchange.
Funds focused on oil and energy, precious metals, biotech, online retail and technology all outperformed in the past three months.
The future is fraught with risk, but the latest data is optimistic.
Once the pandemic is over, foreign buyers will likely see attractive investment opportunities in core assets.
The SEC allowed USO to issue 1 billion new shares nearly eight weeks after the fund announced it issue all remaining registered shares.
With sports canceled, Barstool Sports' Dave Portnoy started betting on the stock market instead.
