About 4,300 funds and ETFs alone have been launched in the US in the past decade, bringing the total to more than 10,000. In China the number of funds has doubled, reaching 10,576 at the end of last year. Judging by the pace of products that are being launched, have we reached a saturation point? Do investors really need more funds to achieve their objectives?
Competition in the Metaverse space heats up
Trifecta of Metaverse ETF launches in Europe alongside a slew of other thematic products. And in the U.S., Vanguard’s ETF assets are nipping at the heels of rival BlackRock.
Vanguard to exit Hong Kong
Vanguard has announced it will exit Hong Kong and transfer its Asian headquarters to Shanghai and will also wind down its Japan operations.
Massive outflows from Vanguard all-world dividend ETF
The Vanguard FTSE All-World High Dividend Yield UCITS ETF (VHYL) saw $1.2bn outflows in the week to 24 July, the most across all European-listed ETFs, taking its total AUM to $1.1bn.
Vanguard pulls in $90.4bn of new assets
VanEck launched a new ETF designed to capitalise on global companies operating with a wide economic ‘moat’ over their peers.
