U.S. Economy Update: V-Shaped Economy? The latest reading for Q2 GDP showed a -31.4% annualized decline in economic activity during the quarter. With the close of the third quarter upon us, the New York Fed Nowcast report suggests a +14.1% rebound in Q3, while the Atlanta Fed GDPNow forecast estimates a more robust [...] READ MORE » |
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Thematic ETF Asset Growth Climbs Even Higher As of the end of September, thematic ETFs made up 1.2% of the US ETF market, representing $59 billion in assets. Asset growth of 42% from the prior quarter easily exceeded the industry’s 7% growth. According to asset manager Global X, thematic investing refers to the process of identifying powerful, disruptive macro-level trends... READ MORE » |
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Ultimus Expands Active ETF Servicing Platform Ultimus Fund Solutions, a provider of administrative services and solutions for issuers of exchange traded funds, said it’s bolstering its offerings for active ETFs. With about $8.6 trillion in assets residing in mutual funds and close to half of that allocated to actively managed products, there’s a potentially massive opportunity... READ MORE » |
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Reduce Retirement Risk with Buffered ETFs The upcoming presidential election is only exacerbating the uncertainty hanging over Wall Street and older investors in particular are caught in the cross hairs of today’s volatility. Their predicament is: What should an older investor do in today’s low-rate environment if they are still behind their growth goals but wary of taking... READ MORE » |
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The Public Sector Can Also Benefit from Cloud Computing Covid-19 only amplified the use of cloud computing technology. As the private and public sectors continue to navigate through these uncertain times, the latter could certainly benefit from cloud computing. “The booming uptake of the cloud in recent months has brought a realization that digital transformation can happen anywhere... READ MORE » |
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Biggest Tech ETF is a Strong Buy Ahead of Election Despite a September sell-off in tech, it’s difficult to go against the grain and dismiss the importance of tech moving forward, particularly when a heavier reliance on technological advances is a must amid the Covid-19 pandemic. Ahead of a crucial U.S. presidential election, investors can still count on tech, according to a... READ MORE » |
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