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Monday, August 8, 2022

Josh Meyers

New report finds almost 80% of active fund managers are falling behind the major indexes

More than three-quarters of active mutual fund managers are falling behind the S&P 500 and the Dow, a new report finds.The S&P Indices versus Active (SPIVA) scorecard, which tracks the performance of actively managed funds against their respect...

Looking to reduce your carbon footprint and make money? This ETF focuses on going green in more ways than one

It's an exchange-traded fund looking to go green in more ways than one.Run by DWS Group, the Emerging Markets Carbon Reduction and Climate Improvers ETF (EMCR) invests in public companies that are reducing their carbon footprints. It's a global strateg...

U.S. dominance in global markets may be behind us. Here’s why international investing is making a comeback

International investing may no longer be on the back burner.Nearly half of this year's $55 billion in exchange-traded fund inflows has gone to funds focused on companies outside the United States, ETF Action's Mike Akins told CNBC's "ETF Edge" on Monda...

‘Early days of the Gold Rush are over’ for bitcoin but it still has portfolio value, Betterment says

It's been another wild week for bitcoin.The cryptocurrency surged 11% on Friday, bringing it back above $40,000 for the first time in two weeks. A few days earlier, it had slumped below $37,000.  But while bitcoin remains volatile, Betterment...

JPMorgan to convert nearly $10 billion in mutual funds to ETFs, but it’s not at a ‘tipping point’

JPMorgan is about to make a nearly $10 billion splash in the exchange-traded fund space.The firm will begin converting four of its mutual funds to ETFs in April, bringing its Inflation Managed Bond Fund, Market Expansion Enhanced Index Fund, Realty Inc...

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Gustavo Petro: Ex-rebel fighter sworn in as Colombia’s president

Gustavo Petro, a former rebel fighter, has been sworn in as Colombia’s first left-wing president.The former member of the M-19 armed group took his oath of office in Bogota’s Bolivar Plaza on Sunday afternoon, pledging to unite the polarised country in...
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China’s casino hub orders testing days after easing COVID curbs

Macau tells 700,000 residents to undergo testing after man tests positive after travelling to neighbouring city.China’s gambling hub Macau has ordered residents to undergo two days of COVID-19 tests after a person who travelled to the neighbouring city...

Israel, Palestinian Islamic Jihad declare truce in Gaza

Israel and the Palestinian armed group Islamic Jihad have declared a truce, raising hopes of an end to three days of fighting in Gaza that has left at least 44 Palestinians dead, including 15 children.The truce began at 11:30pm local time on Sunda...

Florida prosecutor says he is planning a ‘vigorous defense’ after Gov. DeSantis suspended him

NEWYou can now listen to Fox News articles! The Florida prosecutor who was suspended by Republican Governor Ron DeSantis for his refusal to charge doctors or abortion patients for illegally terminating pregnancies is vowing to put up a "vigorous defe...

Republicans say Democrats will ‘pay the price’ in midterms for passing massive spending bill

NEWYou can now listen to Fox News articles! Republicans on Sunday heaped scorn on Democrats for passing a multibillion-dollar economic package, warning that it would come back to haunt them in the November midterms. "Democrats will pay the price...