In the Margins
BlackRock President Robert Kapito said at an investment conference Tuesday that the exchange-traded funds market will double in the next three to four years. “ETFs are just a better mousetrap than a mutual fund,” Kapito said. “Every day people are coming up with new uses for them.” Read the original story from Bloomberg.
Most Read
Securities and Exchange Commission Chairman Gary Gensler’s fast and furious rulemaking era will soon be ending, and it is a good time to take stock of ...
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 ...