Card-description
The U.S. ETF business ended 2019 with $4.4 trillion in assets under management, a 30% increase from 2018, according to etf.com.
On the surface, the growth story for exchange traded funds continues: The U.S. ETF business ended 2019 with $4.4 trillion in assets under management, a 30% increase from 2018, according to etf.com. The number of ETFs also increased 8%, to 2,302. One problem: ESG is inherently un-scalable. "My ESG is not your ESG is not my neighbor's ESG," said Ben Johnson of Morningstar.
What's the next pot craze? Everyone loves thematic investing, until they don't. Cannabis, cybersecurity, immunotherapy, blockchain, 5G, artificial intelligence, and even space exploration have been hot themes in the past. And then faded. And in the "hope never dies" category: Will 2020 finally be the year for SEC approval of a bitcoin ETF? My guess: don't bet on it.2019 saw a "race to zero" as the largest ETF providers cut fees to the bone. That will continue in 2020.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Why credit card rewards are targeting convenience spendingChase, Capital One, Barclays and others are offering credit cards that reward you for things like meal delivery, grocery delivery or ride-hailing services
Read more »
Refinancing Boom Fuels Mortgages to Postcrisis RecordThe mortgage market in 2019 had its best year since the height of the precrisis boom, the latest sign that housing is firming up after showing signs of weakness early last year.
Read more »
Amazon reportedly wants to turn your hand into a credit cardWhile Amazon's plan is in the early stages, the company has reportedly begun working with Visa on testing out the terminals, and has discussed the project with Mastercard, JPMorgan Chase, Wells Fargo and Synchrony Financial.
Read more »
5 reasons the Chase Sapphire Preferred card is still a powerhouse - Business InsiderBetween the sign-up bonus, the rewards on everyday spending, and the strong travel insurance, the Chase Sapphire Preferred still sets the standard for travel credit cards
Read more »
Corrie star Jack P Shepherd tells Lucy Fallon to 'f**k off' in leaving cardCoronation Street actor Jack P Shepherd had a blunt but tongue-in-cheek way of bidding farewell to his departing co-star Lucy Fallon
Read more »