In the Margins
The new AI Powered Equity Exchange-Traded Fund lets a robot pick the stocks in which it invests. Launched Wednesday, the ETF uses IBM Corp.’s Watson artificial intelligence technology to pick several dozen stocks with potential to beat the market, the fund’s backers say. Read the original story from Reuters.
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Congress created business development companies in 1980 to support job growth and help emerging companies raise funds. As of 2023, there were 139 BDCs with $312 ...
The Vanguard board expects to add two new independent directors in early 2025 to fill seats that will be vacated when two long-serving independents retire. The ...
The bottom line: In the near term, it’s not likely that the roles and activities of mutual fund directors will change much. There will be no ...
The Securities and Exchange Commission this week said it found "deficiencies" and "weaknesses" in mutual funds' governance practices during examinations over the past four years. The ...