Funds focused on growth, as well as social justice and Sharia-compliant real estate, took in the most money at the end of 2020 and the beginning of 2021.
This week in fund news: Cannabis ETFs become more attractive as legalization possibilities expand, a Democratic Party trifecta could be great for markets and some fundsters pull their political dollars in the wake of the violence at the U.S. Capitol.
Holly Framsted, who previously served as head of U.S. product segments in BlackRock’s ETF and index investments group, will join Capital Group in March.
Many quants are hoping now that as people get vaccinated and economies recover, factors will move to their own beat again and trade on the fundamental rules discovered by academics decades ago.
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