Stock picking may be the key to getting exposure to small caps.Rob Harvey, who's behind the Dimensional U.S. Small Cap ETF, uses an actively managed approach to buying the group. He's trying to avoid small caps that are underperforming and dragging down the index."There's no reason to hold companies that...
Category: Finance
Why 401(k) plans are the ‘final frontier’ for exchange-traded funds
Momo Productions | Digitalvision | Getty ImagesWhile many investors have flocked to exchange-traded funds, they haven't gained much ground with 401(k) plan participants.Exchange-traded funds, or ETFs, debuted in the early 1990s and have since captured about $10 trillion.Mutual funds hold about $20 trillion, but ETFs have chipped away at their...
Alibaba’s international arm says its new AI translation tool beats Google and ChatGPT
Chinese e-commerce company Alibaba has invested heavily in its fast-growing international business as growth slows for its China-focused Taobao and Tmall business.Nurphoto | Nurphoto | Getty ImagesBEIJING — Chinese e-commerce giant Alibaba's international arm on Wednesday launched an updated version of its artificial intelligence-powered translation tool that, it says, is...
Hyper-local vs. hyper-focused: Two China ETFs go on different paths
Two exchange-traded funds are looking for profits in China with two different strategies.While the Rayliant Quantamental China Equity ETF dives into specific regions, the newly launched Roundhill China Dragons ETF buys the country's biggest stocks."[It's] focused just on nine companies, and these companies are the companies that we identified as...
Berkshire slashes Bank of America stake to under 10%, no longer required to disclose frequently
Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2024. David A. Grogen | CNBCWarren Buffett's Berkshire Hathaway has reduced its stake in Bank of America to below 10% amid a selling spree that started in mid-July.In a Thursday night filing...