PPH

Critics of the passive-investing boom in bonds warn about the risks stemming from the mismatch between highly tradable ETFs and the illiquid securities they hold.

As investors fled almost every fixed-income asset from the safest government bonds to the highest-yielding securities last week, one market stood out as a haven.

A rough week for Cathie Wood is reminding Wall Street that Ark Investment Management has a lot of cash in not that many companies. In fact, the firm’s dominance in some stocks may be even greater than it seems.

There’s a new exchange-traded fund tracking the hot trend of blank-check companies.

The world’s first exchange-traded fund solely for psychedelic-drug companies will debut this week in Toronto, a reflection of the investment industry’s desire to capitalize on rising interest in prospective mental health treatments using the drugs.

It’s reality-check time for ESG funds.