Sectors
Goldman Sees Health-Care Stock Relief Rally After Super Tuesday
One of the most important days of the presidential primaries is likely to be followed by another relief rally in health-care stocks, a Goldman Sachs analyst predicted.
Is Climate Tech Different Enough From the Cleantech of Old?
New interest brings with it new nomenclature, and the sectors I once covered as alternative energy, renewable energy, and cleantech are now “climate tech.”
Solar and Wind Gain Steam in U.S. as Coal’s Decline Accelerates
Renewable power will be the fastest-growing source of electricity over the next three decades, accounting for 38% of generation by 2050, according to the U.S. Energy Information Administration’s Annual Energy Outlook released Wednesday.
Oil Hits Six-Week Low on ‘Monster’ U.S. Fuel Supply Increase
Oil tumbled to a six-week low after the U.S. government reported a further expansion in gasoline and distillate supplies, signaling lackluster demand.
ETF Market Riven by Giants and Fee Wars Claims Another Victim
BMO Global Asset Management is closing its exchange-traded funds business in Europe after a four-year struggle for market share in an industry dominated by large firms and low-fee offerings.
A 24-Year-Old Is Suing Pension Fund for Not Being Green Enough
Mark McVeigh, a 24-year-old environmental scientist from Australia, won’t be able to access his retirement savings until 2055. But, concerned about what the world may look like then, he’s taking action now, suing his A$57 billion ($39 billion) pension fund for not adequately disclosing or assessing the impact of climate change on its investments.
Investors Take Cover as Gold ETFs Post Longest Run in a Decade
As global tensions escalate and signs of a slowdown mount, more investors are turning to gold. Worldwide holdings in bullion-backed exchange-traded funds have expanded for 17 days in a row, the longest run of inflows since 2009.
ETFs That Hide Their Holdings Are Coming for Your Mutual Fund
Dan McCabe is on a quest to transform your finances. The chief executive officer of Bedminster, N.J.-based Precidian Investments has a new way to invest that could make thousands of mutual funds obsolete, and he’s persuaded the likes of BlackRock Inc. to license the idea.
Passive U.S. Equity Funds Eclipse Active in Epic Shift
The balance of power has shifted in the $8 trillion stock-fund industry.
VanEck, SolidX Offer ETF-Like Bitcoin Product to Large Investors
VanEck Securities Corp. and SolidX Management LLC, a duo that have unsuccessfully petitioned the U.S. Securities and Exchange Commission for over a year to approve an exchange-traded fund that invests in Bitcoin, have found a workaround for some large investors.
‘Beaten Down’ ETF Is a Way to Play Inverted Curve, BofA Says
Investors terrified of the yield curve inversion may find solace in exchange-traded funds, according to Bank of America Corp.