ENZL

Exchange-traded funds are simple, cheap and hugely popular. Their goal is to invest in or replicate the performance of a basket of assets or index. Rather than pay a money manager hefty fees to actively pick and choose what the fund holds, ETFs have been “...

Bloomberg Wealth reviews assets that made a splash this week.

While the relentless spread of the coronavirus drove the equity market lower on Monday, there were also signs investors are preparing for a greater possibility that Democrats will gain control of the U.S. Senate.

Three big players have long made up the majority of the $5.4 trillion U.S. exchange-traded fund industry, but their latest offerings were also-rans in a record year for new product launches.

Chinese stocks listed in the U.S., including China Telecom Corp. and Pinduoduo Inc., fell on the prospect of further sanctions that would remove more of the Asian nation’s biggest companies from American stock exchanges.