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BlackRock ETFs see massive inflows hinting at tax avoidance
Five exchange-traded funds took in about $13.5 billion amid the rebalancing of the FTSE Russell indexes, suggesting heartbeat trades designed to defer taxes faced by fund investors.
JPMorgan says rebalancing could mean $300 billion exits stocks
The strong equity performance so far this month means large investors like balanced mutual funds may need to shift money into bonds before year-end
Invesco benches team responsible for $105 million snafu
An index rebalancing mishap has lead to the wholesale change of the portfolio management team