Billions Exit Thematic ETFs as Traders Move On From Buzzy Themes
After booming in the anything-goes pandemic era, a once-fashionable investment strategy is falling out of favor anew, hitting some niche ETF providers along the way.
After booming in the anything-goes pandemic era, a once-fashionable investment strategy is falling out of favor anew, hitting some niche ETF providers along the way.
A Japan-focused stock ETF that strips out moves in the yen is undergoing a big revival, raking in flows all of a sudden as it hits record highs.
Michael Novogratz, the founder of digital-asset financial services firm Galaxy Digital Holdings Ltd., said Bitcoin is likely to remain stuck in a relatively narrow trading range for at least the current quarter while the adoption of crypto in traditional finance continues.
India’s stocks are poised to see about $2 billion of passive inflows after a review of MSCI Inc.’s gauges, according to Nuvama Wealth Management Ltd.
The private-market boom is set to get a fresh lease on life in the event the Federal Reserve slashes interest rates – refueling the global hunt for yield along the way, according to the Asia-Pacific head of BlackRock Inc.
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