iShares is prepping an active exchange-traded bond fund to launch within the next two months.
According to a regulatory
The fund’s portfolio managers are Michael Evan and Richard Mejzak. Its fees were not disclosed in the filing.
A spokeperson for the firm declined to comment on the filing noting that the firm was in a quiet period.
This is iShares’ second active bond ETF filing. The firm last March
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After a mixed quarter for the firm's wealth unit, CEO Ron Kruszewski predicted that the Fed may cut rates zero or just once or even hike them in 2024.
The U.S. Chamber of Commerce and other business groups contend the Federal Trade Commission has exceeded its authority in nullifying contracts that prohibit employees from switching jobs to competitors.
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