Money Management Executive Latest News

A key measure of the yield for the fund's underlying index plunged by nearly 3 percentage points on March 22.

Not only are traders worried about tightening monetary policies from the Fed, but also the Trump administration’s struggle to enact pro-growth policies.

The iShares unit has had other departures in recent years.

The average pay for managers has dropped nearly 14% in three years.

Investors are also loading up on the metal through exchange-traded products, pouring $487 million into SPDR Gold Shares on Wednesday.

Money has flowed out of the vehicles at the fastest rate since June.

So far this year, 1.2 million shares were traded daily on average on the Nasdaq Biotechnology ETF, down from 2.2 million in the same period in 2014.

Millennials have placed 36% of their investable assets into ETFs, which is considerably higher than the 23% allocation on average by all other investors.

A single percentage point increase in ETF ownership has demonstrable effects on an individual stock, researchers said.

Most of the inflow came in the second half of the month after the Fed laid out an unexpectedly dovish rate-hike outlook, Russia's central bank said.