World’s Biggest ETF Sees Record $21 Billion Flow on Stock Rally
An unprecedented amount of cash flowed into the world’s largest and oldest ETF last week, as stocks rallied to near-record highs.
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Ark Innovation Made Dramatic Comeback With Focus on Four Holdings
Ark Invest's suite of 6 active ETFs, including the flagship Ark Innovation ETF, witnessed impressive surge, with Ark Innova soaring by 148.7% in 2020.
Investment Bank B. Riley Faces Investors After Deals, Profits and Stock Go Sour
B. Riley Financial Inc., boutique investment bank that specializes in salvaging beaten-down companies could use that expertise for itself lately.
Citadel to Return $7 Billion of Profit to Hedge Fund Clients
Ken Griffin’s Citadel plans to return about $7 billion to clients after double-digit gains in its multi-strategy hedge funds.
Modest Gains in 2023 for College and University Endowments Relying on Private Equity
College and university endowments in last fiscal year ending June 30 showed modest gains primarily due to underwhelming returns from private markets.
Hedge Fund Veteran Slams Green ‘Echo Chamber’ After Closing Firm
Jeff Ubben, veteran hedge fund manager, is calling out what he’s dubbed the “echo chamber” of traditional climate summitry.
Cathie Wood Clocks in Best Month Ever Despite Waning Fanbase
Cathie Wood is making a comeback, with or without a fanbase behind her. Performance looks strikingly similar to monthly returns in 2020 record run.
