Charles Schwab a 'Safe Port' in Banking Storm as Weekly Inflows Surge
Financial broker Charles Schwab on reported $16.5 billion in core net new assets for the week on strong inflows from clients moving funds.
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Short Bets on Cathie Wood’s ARKK Hit Fresh Record on Rate-Hike Fears
Short sellers are betting against Cathie Wood’s flagship fund more than ever before.
Hedge Fund Millennium Will Charge Fees Even When It Loses Money
Englander’s Millennium Management has changed its terms to ensure that clients always pay a minimum fee, even if the hedge fund loses money.
Morgan Stanley Doubles Down on ESG Despite the Politics
Morgan Stanley has picked an interesting moment to press ahead with expanding its offering of ESG-themed funds.
Vanguard to Liquidate a Mutual Fund for First Time Since 2020
Asset manager Vanguard Group plans to shutter a US mutual fund for the first time since the throes of the pandemic.
Commodities Risk Lurking in ESG Funds Is Now Too Big to Ignore
The dark side of ESG investing has the potential to undermine a whole generation of clean-tech strategies.
Vanguard’s One-of-a-Kind Fund Design Is About to Get Some Competition
One-of-a-kind fund structure that helped turn Vanguard Group into the second-largest ETF manager in the world may be about to get a lot less unique.
