Fund Blowups Rekindle Doubts About ETF Liquidity in Crisis Times
A couple of prominent investment funds are currently living through a portfolio manager’s worst nightmare.
A couple of prominent investment funds are currently living through a portfolio manager’s worst nightmare.
The fund industry is getting more relaxed about marijuana investment.
The second quarter was the most volatile for the U.S. stock market. After a steady climb in April, Wall Street disappointed in May and then rebounded.
About $5.4 billion flowed into raw-material ETFs in June, the biggest influx in almost three years, as gold rallied to a six-year high.
U.S. equities were rolling through 2019 after a lackluster fourth quarter, but sputtered in May.
On Wednesday, July 10, the U.S. House of Representatives will take up the question of how to end the longstanding federal criminalization of cannabis.
Even when a great manager outperforms by a large margin (as Boutray did) the fund company can make it a bad choice for investors by loading up fees.