Bloomberg Intelligence

Wall Street set for new ETF gold rush as single-stock era begins

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Wall Street set for new ETF gold rush as single-stock era begins

A new ETF-for-everything era may have just begun on Wall Street, swelling an industry that already boasts nearly 3,000 products and $6.2 trillion in assets. The booming world of exchange-traded funds is about to get even more crowded after the very first single-equity ETFs launched Thursday — despite a torrent of regulatory warnings over their … Read more

Stocks favoured by rich Indians poised to defy market selloff

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Stocks favoured by rich Indians poised to defy market selloff

By Ronojoy Mazumdar India’s ultra-rich are fleeing the country as the world’s second-most populous nation deals with a deadly wave of the coronavirus pandemic, but that is unlikely to push wealthy investors to dump their stock holdings, according to Bloomberg Intelligence. “Despite lower trading activity, our analysis shows that stocks with high retail ownership don’t … Read more