Equities

Although it undercuts 2,000 existing U.S. products, some analysts say the price still isn’t low enough.

“These products are really focusing on who’s driving advances in innovation,” the global head of its asset management arm says.

A member-owned market is the wrong response to rising fees.

By sending orders to an exchange they own, banks and brokers presumably can save money on trading costs.

Daily volume jumped 22% to 20 million contracts in 2018.

The Global Income Fund slashed its equities exposure by nearly a third in October and moved part of the proceeds into U.S. and European high-yield debt.

One VanEck fund had $574 million of outflows, the most since June and almost 40% of its assets.

The fund recorded its biggest inflow since inception a week before plans from the S&P and MSCI to group together internet and media stocks.

The fund hasn’t seen a day of inflows since June.

One manager’s new group of funds will launch in collaboration with leading nonprofits.