Suzanne Mcgee

Goldman Sachs is exploring options, including a potential sale, of its ETF Accelerator platform which helps the bank's institutional clients launch their own exchange-traded funds, two sources familiar with the matter told Reuters on Friday.

A fledgling asset manager plans to unveil an exchange-traded fund which avoids companies that commit to quantitative diversity, equity and inclusion (DEI) measures, with the rollout planned at U.S. President-elect Donald Trump's Mar-a-Lago residence on Thursday.

MFS Investment Management, the Boston-based asset manager that unveiled the world's first open-ended mutual fund a century ago, is making a foray into exchange-traded funds with the launch of five ETFs on Thursday.

Three separate asset management firms launched exchange-traded funds on Tuesday, unveiling products focused on securitized debt, the artificial intelligence industry and Ozempic-maker Novo Nordisk in the closing weeks of a year that has seen a deluge of new funds.

Online brokerage Firstrade plans to launch overnight trading in early 2025, the latest firm looking to offer retail clients the chance to trade US stocks and exchange-traded funds outside of regular hours.

BlackRock Inc. on Wednesday filed an application with the U.S. Securities & Exchange Commission seeking approval to create exchange-traded fund classes for its mutual funds.

Charles Schwab Corp plans to expand the availability of 24-hour trading to include all stocks in major U.S. indexes as well as hundreds of ETFs beginning in about two weeks, the brokerage said in a statement on Wednesday.

Exchange-traded funds focused on artificial intelligence are proliferating as asset managers offer investors new ways to tap in to the market enthusiasm for AI, even while it remains unclear which companies will emerge as the long-term winners from the latest technology revolution.

Investors are leaving exchange-traded funds tied to specific themes, such as artificial intelligence and video gaming, as they flock to funds linked to broad stock-market benchmarks that are hitting record highs.

Investors flooded U.S.-based exchange-traded funds (ETFs) that target Chinese markets with $5.2 billion in new assets in the past week when mainland China's financial markets were shut for a national holiday, and some asset managers are hopeful the optimism will be enduring.