A record 188 exchange-traded products have closed this year, while launches are at their lowest since 2013
So far this year, 188 exchange-traded products, including funds and notes, have been shut down, the most on record, according to FactSet.
The closures occurred at big and small asset managers alike, including BlackRock Inc., which manages the popular suite of iShares ETFs; JPMorgan Chase & Co.; Invesco Ltd.; ProShares and Direxion.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China's e-commerce giants get a boost as consumers continue to shift online after coronavirusChina's e-commerce and food delivery giants are reaping the benefits of an increasing number of consumers shopping online and businesses trying to digitize, a move accelerated by the coronavirus outbreak.
Read more »
Industries Qatar buys Qatar Fertiliser stake from QP in $1 billion dealIndustries Qatar (IQ) has bought Qatar Petroleum's 25% stake in Qatar Fertiliser Co (QAFCO) for $1 billion, the company said, making IQ the 100% owner of the world’s largest single site urea producer.
Read more »
Where The U.S. Oil Industry StandsIn the fifth month since the Covid-19 outbreak flared up in the U.S., demand still hasn’t recovered. Rig count numbers tell an even more dramatic tale.
Read more »
David Olusoga Calls for Structural Change in U.K. TV Industry in Powerful MacTaggart LectureHistorian, broadcaster and writer David Olusoga has called for a structural change in the U.K. television industry to bring about inclusiveness, but has also warned about the “lack of trust&…
Read more »
Meet The Beauty Bloggers Changing The Industry, All Before RecessWho better to give advice for baby-soft skin?
Read more »