Bloomberg

Bloomberg
Displaying 13134 results
Worst-ever outflows for SPY ETF as QQQ bleeds most since dot-com
INVESTING MUTUAL FUNDS FEB 02, 2022
Worst-ever outflows for SPY ETF as QQQ bleeds most since dot-com

Monday rally met with biggest SPY exit in almost four years as investors ditched largest ETFs during January stock drama.

60/40 portfolio suffers worst loss since March 2020
INVESTING EQUITIES FEB 01, 2022
60/40 portfolio suffers worst loss since March 2020

Both equities and bond prices dropped sharply in January as markets priced in a faster pace of interest-rate tightening during 2022 from the Federal Reserve.

Rising crypto star faces SEC, volatile markets
INVESTING ALTERNATIVES JAN 31, 2022
Rising crypto star faces SEC, volatile markets

Ophelia Snyder, 29, is already managing $2.5 billion. She is now teaming up with Cathie Wood to bring a Bitcoin ETF to the U.S. — if regulators allow it.

UBS gets dose of digital disruption
YOUR PRACTICE FINTECH JAN 31, 2022
UBS gets dose of digital disruption

CEO Ralph Hamers is on a mission to pull UBS into the digital age, and last week's announcement of the bank's acquisition of robo-adviser Wealthfront was his first move.

BlackRock navigates a divided America
INVESTING ESG JAN 28, 2022
BlackRock navigates a divided America

In oil-rich Texas, BlackRock is being castigated by the GOP establishment for even talking about reducing greenhouse gases. In West Virginia, where King Coal reigns, it’s been cut out of a state treasury fund.

Forgotten BlackRock ETF posts mystery $3.7 billion inflow in day
INVESTING MUTUAL FUNDS JAN 28, 2022
Forgotten BlackRock ETF posts mystery $3.7 billion inflow in day

The IShares MSCI Kokusai ETF started the week managing less than $200 million, and its assets hadn’t been above $500 million since 2014.

Crypto firms Celsius Network, Gemini face SEC scrutiny
INVESTING ALTERNATIVES JAN 27, 2022
Crypto firms Celsius Network, Gemini face SEC scrutiny

The SEC enforcement review focuses on whether the companies’ offerings should be registered as securities, people say.

Grantham has an even scarier prediction than his crash call
NEWS INDUSTRY NEWS JAN 27, 2022
Grantham has an even scarier prediction than his crash call

Value manager says 'Goldilocks' era of past 25 years is ending, and the world needs to prepare for a future of inflation, slower growth and labor shortages.

Powell backs March liftoff, won't rule out hike every meeting
NEWS INDUSTRY NEWS JAN 26, 2022
Powell backs March liftoff, won't rule out hike every meeting

FOMC says “it will soon be appropriate to raise the target range for the federal funds rate.”

UBS buying Wealthfront for $1.4 billion in cash deal
YOUR PRACTICE FINTECH JAN 26, 2022
UBS buying Wealthfront for $1.4 billion in cash deal

The acquisition will add more than $27 billion in assets under management and over 470,000 clients in the U.S., the bank said.