The fund will invest in machine learning, natural language processing, and computer vision
Rising equity markets push AUM in open-end funds to record highs as passive funds see highest inflows since February
Cheapest US equity funds have produced better returns compared to pricier active peers, according to Morningstar
Global active ETF assets under management currently total $90bn
Investors pile into Vanguard ETF despite launch of cheaper rival
Christian Pellis, global head of third-party distributors at Amundi, discusses the changing relationship between fund buyers and managers, and the idea that just ‘selling funds’ may not have much of a future.
Total fund sales for the first half of year across Europe was €59.8bn about six times lower than €362.4bn first-half sales in 2017. But ETF market share hits record high, according to Thomson Reuters Lipper data.
Index-traded Ucits fund will invest in 30 blue-chip companies on DAX index and has total ongoing charges of 10 basis points.
China Post Global has launched a euro-based ETF on a European bank CoCo bond index.
An economics consultancy has warned that ETFs contain a design flaw and could well be the catalyst for the next financial crisis.