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BlackRock has unveiled a new suite of exchange traded funds that takes into consideration the evolution of companies and sectors in the economy. The seven iShares Evolved U.S. Sector ETFs, which will take a dynamic sector classification approach, will be managed with the help of BlackRock’s Systematic Active Equity group and powered by machine learning. ...
HNW Collectors Like Art More Than Wine For the first time since 2010, high net worth collectors spent more of their fortunes on fine art than "investment-grade wine," Quartz reports, citing The Wealth Report from Knight Frank and Douglas Elliman. ...