The creation of liquidity in certain alternative products aimed at retail investors has broadened their appeal.
The new team will offer investments that focus on promoting equality, expanding opportunities and improving outcomes for underrepresented or marginalized groups.
The three new funds were created in response to clients who wanted access to the firm’s strategies via ETFs, says Neuberger CIO Hari Ramanan.
Commodities could head into record territory should investors boost their allocation to raw materials at a time of rising inflation.
President Joe Biden plans to nominate Jaime Lizarraga, a senior adviser to House Speaker Nancy Pelosi, and Mark Uyeda, who has spent a chunk of his career at the SEC.
Officials proposed shrinking the Fed’s balance sheet at a maximum monthly pace of $60 billion in Treasuries and $35 billion in mortgage-backed securities.
ProShares wants to launch an exchange-traded fund that would track the inverse performance of an index of Bitcoin futures.
The prospect of aggressive Fed action propelled the benchmark 10-year Treasuries back into ranges seen in 2018 and 2019.
The Federal Reserve banned the former bank employees for fraudulently obtaining loans designed to provide economic relief to small businesses during the pandemic.
Issuer reduces the expense ratio on the $85 billion iShares Core U.S. Aggregate Bond ETF to 0.03% from 0.04%.
