Rather than give shelter in a stormy season, the largest dividend ETFs have been left behind by a tech-obsessed market whose biggest proxies have surged 15% or more.
Net deposits into ETFs that invest across developing nations as well as those that target specific countries totaled $766.1 million in the week ended Nov. 24, building on gains of $1.57 billion in the previous week.
Star money managers are selling up or giving cash back to investors. Turning your hedge fund into a sustainable, growing business is a tall order.
The deal takes Avantax private, and the tax-focused firm will operate as a separate division within Cetera.