Tag: assets
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This upstart launched 35 ETFs in a day – and doesn’t plan to slow down
PROVIDENCE, RHODE ISLAND, June 22 : It took more than a decade for BlackRock, the world’s largest issuer of exchange-traded funds, to launch its first 300 products.Corgi Investments, the venture-capital-based asset manager, plans to repeat that feat in less than a year, the company tells Reuters.Corgi
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Mitsubishi UFJ Morgan Stanley Securities aims to grow retail wealth assets by $62 billion
TOKYO, June 11 : Japan’s Mitsubishi UFJ Morgan Stanley Securities (MUMSS) aims to increase assets managed for retail clients by 10 trillion yen ($62 billion) over the medium to long term, its president told Reuters. The securities firm and investment bank – a joint venture between Japan’s largest banking g
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US eyes Iranian assets for Gulf allies’ reconstruction, source says
US Treasury Secretary Scott Bessent has directed a team to assess costs for damages already inflicted on Gulf allies by Iran, the source said.
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Vanguard index product becomes first ETF to top $1 trillion in assets
ORLANDO, Florida, June 3 : The Vanguard S&P 500 ETF, the index investing pioneer’s flagship exchange-traded product, became the first in the history of ETFs to reach and exceed $1 trillion in assets, the investment firm confirmed on Wednesday.The Vanguard fund hit this milestone, the latest record in the rema
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Who owns the billions in Germany’s dormant bank accounts?
Billions of euros sit untouched in dormant bank accounts in Germany. With heirs unaware and no central register in place, banks and politicians are debating who should ultimately control the money.
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