Cliff Asness says he sounds like an “old man whinging,” but that’s not stopping him from writing 23 pages on his latest thesis: Financial markets these days aren’t what they were.
Two years after Wall Street’s love affair with fast-twitch stock options began, Bloomberg’s latest Markets Live Pulse survey suggests the unprecedented boom still has room to run — even as almost half of respondents fear an eventual blowup.
The last time Cathie Wood and ARK Investment Management found themselves on the opposite side of a call made by Grizzly Research, they lost tens of millions of dollars. It’s not stopping them from facing down the activist short seller once again.
Six years after a famous blowup in the volatility market shattered a lengthy calm in US stocks, the latest Bloomberg Markets Live Pulse survey reveals growing Wall Street concern over a new boom in trades that bet against equity turbulence.
In the past five years, US ETF market assets have more than doubled, over 1,000 new funds launched, and annual trading volumes jumped by around $11 trillion.
Shares of Tesla Inc. are famously among the most-volatile in the market, but one exchange-traded fund issuer reckons it can time its bets on the electric-vehicle maker to amplify gains and cushion declines.
Vanguard Group’s best-of-both-worlds stranglehold over the money-management industry is facing a new kind of challenger.
About a month ago, as Wall Street stared down the barrel of an incipient banking crisis, the investment world’s most-watched gauge of market volatility did a funny thing: It didn’t do much.
The one-of-a-kind fund structure that helped turn Vanguard Group into the second-largest ETF manager in the world may be about to get a lot less unique.
What happens when you ask the hottest AI tool in the world to design an ETF that can beat the US equity market? It tells you the same thing every frustrated stock manager does.
Cathie Wood’s flagship strategy is on course for one of its best months on record, joining assets across Wall Street that are so far defying gloomy expectations for the year ahead in emphatic style.
Investors trying to gauge the strength of the risk-on shift that gripped markets Thursday should look no further than two of the biggest high-yield credit exchange-traded funds.
Cathie Wood’s ARK Investment Management has launched a new fund that will give almost any investor easy access to harder-to-trade assets -- though with a limit to how quickly they can cash out.
Bearish investors are snapping up bullish options to ensure that their defensively positioned portfolios won’t be left behind if the latest rebound in US stocks proves persistent.
The world’s biggest exchange-traded fund posted its worst monthly outflow in its near three-decade history with investors selling the Monday stock rebound en masse.
The flood of new ESG funds is threatening to test the limits of investor demand, with the world’s largest credit ETF the latest to get a socially responsible doppelganger even as it bleeds cash.
A new theory on how capital flows move stocks is picking up fans on Wall Street and beyond. A quant giant fires a fresh shot in the custom indexing battle. And a riskier CLO ETF may be on the way.
Cathie Wood sold a near $270 million stake in Tesla Inc. as the bond selloff hit rate-sensitive technology stocks to spur outflows from her growth-focused funds.
Amid the deluge of headlines in the past few days about congressional proposals to boost taxes on companies and the wealthy is one that would affect regular investors -- and potentially alter the entire U.S. fund landscape.
Wall Street’s passive revolution is turning out to be anything but, with active investing alive and kicking in even the sleepiest corners of the ETF world, according to the latest research.
New research from quant firm Robeco is lending heft to fears that the day-trader billions flooding the stock market spell trouble for some of Wall Street’s smartest minds.
A comeback by megacap growth stocks and the stalling of the value trade arrived at exactly the wrong moment for one $15.3 billion exchange-traded fund.
Cathie Wood has spent months defending Ark Investment Management from critics who say the money manager has too much cash tied up in too few stocks. The firm’s latest move is handing them fresh ammunition.
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.
Just hours before the U.S. election got underway, investors pulled the most cash ever from the world’s largest exchange-traded fund tracking corporate bonds.
The most watered-down smart-beta ETFs have attracted the most money.
With the S&P 500 up more than 25% from its March low, pension funds and other investors are asking if they should buy portfolio insurance via protective puts and, if so, whether it’s cost effective.
Jerome Powell and his peers have drawn a road map for recession-be-damned traders to ride the market rebound.
Since the end of 1927, the index that ultimately became the S&P 500 has experienced 14 separate bear runs.
