CashNews.co BlackRock will convert its $1.7 billion BlackRock High Yield Municipal Bond Fund to an active exchange-traded fund, the latest example of shifting investor demand from mutual funds to ETFs. “Active ETFs are becoming an integral part of investor portfolios around the world, with financial advisors increasingly incorporating them into their models-based practice,” said a BlackRock […]
CashNews.co Groww Mutual Fund has launched the Groww Nifty India Defence ETF. The New Fund Offer (NFO) for the scheme will be available till October 4, 2024. This initiative will allow investors to gain exposure to key companies driving India’s defence industry. India’s defence sector is expanding rapidly. The government has set a production target […]
CashNews.co When investors buy a lot of call options, anticipating a price rally, market makers, who are mandated to maintain a net market-neutral exposure, end up on the other side of the trade, holding large amounts of short call positions, often called short gamma exposure. As such, they purchase the underlying asset as the market […]
CashNews.co Four mutual fund NFOs will open for subscription this week. Groww Nifty India Defence ETF and Groww Nifty India Defence ETF FOF are open for subscription. Mirae Asset Nifty PSU Bank ETF and Baroda BNP Paribas Nifty200 Momentum 30 Index Fund will open for subscription later this week. Among these four new funds, two […]
CashNews.co 09/22 update below. This post was originally published on September 19 Bitcoin Bitcoin has suddenly surged higher following the Federal Reserve’s first post-pandemic interest rate cut that’s predicted to send the bitcoin price “skyrocketing.” Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and “uncover blockchain blockbusters poised for 1,000% plus gains” in the aftermath […]
CashNews.co This article was written by Follow Juan de la Hoz has worked as a fixed income trader, financial analyst, operations analyst, and as an economics professor. He has experience analyzing, trading, and negotiating fixed-income securities, including bonds, money markets, and interbank trade financing, across markets and currencies. He focuses on dividend, bond, and income […]
CashNews.co Global X has also fallen behind its rivals, ranking fifth behind local powerhouse VanEck ($2 billion) in the year to August 30, data shows. A spokesperson from Global X declined to comment on Zaika’s appointment when contacted by this column. Zaika will have a job on his hands to put things right, but comes […]
CashNews.co For most fans of exchange-traded funds (ETFs), the iShares Russell 1000 Growth ETF (NYSEMKT: IWF) isn’t exactly in the middle of their investment radars. The $90 billion fund just isn’t as popular as options like the SPDR S&P 500 ETF or the Invesco QQQ Trust. Don’t let its relatively small size fool you, though. […]
CashNews.co Key Takeaways The SEC approved options trading for BlackRock’s Bitcoin ETF with strict oversight. SEC sets 25,000 contract cap on BlackRock’s Bitcoin ETF options. Share this article The US Securities and Exchange Commission (SEC) has approved options trading on BlackRock’s iShares Bitcoin Trust (IBIT), according to a filing published today. With IBIT options approved, […]
CashNews.co Want a half-million-dollar nest egg? Here’s how to build one from scratch. Anyone can turn $500 into $500,000 — if you have the time and the patience. Don’t believe it? Read further to discover the secrets of how consistent savings and long-term stock market returns can add up to a half-million bucks. Image source: […]