Exchange-Traded Funds
SEC plans to approve Vanguard request to list actively managed ETFs
The U.S. Securities and Exchange Commission (SEC) on Friday said it planned to approve an application that would let Vanguard Group, the world's second largest asset manager, offer exchange-traded versions of its actively managed mutual funds.
Bitcoin ETF idea still a little funky, experts say
NEW YORK Demand for exchange-traded funds that would provide exposure to cryptocurrencies like bitcoin is strong, but regulators will likely wait until the underlying market matures more before approving such products, a panel of securities industry experts said on Friday.
Investors pull $1.1 billion from stock funds, add $6.8 billion in money funds: Lipper
NEW YORK Risk aversion was on display this week given geopolitical concerns and uncertainty over North Korea as investors in U.S.-based funds pulled $1.1 billion out of stock funds in the week ended Sept. 6, and moved money into "safe haven" money-market and gold funds, data from Thomson Reuters' Lipper service showed on Thursday.
U.S. firm backing ether-based ETF says to refile listing application
NEW YORK The U.S. firm behind an effort to start an exchange-traded fund based on the cryptocurrency ether said on Thursday it planned to refile an application to list the security on Intercontinental Exchange Inc's NYSE Arca exchange after an initial filing was withdrawn.
U.S. stock funds attract $8.19 billion during last week of August: ICI
NEW YORK Investors' renewed appetite for risk came back with a vengeance during the last week of August, as equity funds had estimated inflows of $8.19 billion, compared to estimated outflows of $1.81 billion in the previous week, Investment Company Institute (ICI) data showed on Wednesday.
SEC chief says cyber crime risks are substantial, systemic
NEW YORK Regulators must do more to help mom-and-pop investors better understand the potential risks posed by cyber crime and new technologies used to commit fraud, U.S. Securities and Exchange Commission Chairman Jay Clayton said on Tuesday.
U.S. stock ETFs attract most cash since June: Lipper
NEW YORK U.S. fund investors regained their risk appetite during the latest week, draining money market funds and pouring their cash into stocks after six straight weeks of withdrawals.
New ETF plans to 'make America great again'
NEW YORK A planned index fund is hoping to "make America great again" by investing in companies that support the Republican Party.
Gotta have faith: The rise of religious ETFs
NEW YORK Making money in the markets is tricky enough on its own. Try doing it while staying faithful to your religious beliefs.
If you can't beat 'em: Stockpickers targeting index-provider MSCI
NEW YORK Stockpickers are jumping into the boom in passive investing by loading up on shares of index-provider MSCI Inc, whose products are the basis for dozens of popular exchange traded funds.
Your Money: How to live in a world where your data is not secure
NEW YORKIf you were not yet convinced that your personal data was at risk from cyber thieves, the latest breach of 143 million consumer records at credit bureau Equifax should scare you straight.