Investment funds

The asset manager said it’s seeking a head of ETF capital markets in a post on LinkedIn.

The industry is embracing new technology, big data and alternative investment strategies as clients demand more from funds.

Data reported by the Investment Company Institute.

Withdrawals for non-medical expenses would no longer be penalty-free under the proposal.

If approved, the actively managed product will hold anywhere from 60 to 100 equities across sectors and will have no position holding over 5%.

The firm didn't disclose its conflicts of interest in receiving over $100 million in revenue sharing from mutual funds over nearly five years, the SEC says.

Some of the same features that led to their unpopularity may also be what uncorrelated them from their peers, an expert says.

Withdrawals have topped $17.2 billion this year as investor money shifts to low-fee products.

The revamped fund from BP Capital will now track an index of companies that derive “significant revenue” from sustainable energy.

On the surface, ETFs seem like a natural fit for ESG investors, but there’s an key difference between the two.