If you like the big banks, there are ETFs.

As regional banks continue to recover from the Silicon Valley bank collapse, the ETF industry is responding to the turbulence with a new product. Source link

PIMCO fund, others hit by Credit Suisse AT1 writedown

Many funds could face investment losses of more than $100 million after Credit Suisse and rival UBS were forced to merge. The funds faced losses on Credit Suisse Additional Tier 1 bonds (AT1) after Swiss regulators deemed the bonds worthless as part of an emergency merger, according to an analysis by CNBC Pro. Additional Tier … Read more

Cyclical stocks hit by higher rates next, says Kathy Wood

Ark Invest’s Cathie Wood said the past year’s rapid rate hikes are now starting to hit cyclical areas of the market, beyond her strategy to invest in companies offering what she calls disruptive technologies. “The hit to valuations … has had such a severe impact on our strategy … and it’s all at the same … Read more

ETF Edge on Tracking Flows Between Financial ETFs

[The stream is slated to start at 1:00 PM ET. Please refresh the page if you do not see a player above at that time.] CNBC’s ETF Edge focuses on the fastest-growing investing trend right now: ETFs. Each Monday, Bob Pisani joins a panel of top market players to provide educational and actionable advice on … Read more

Money managers address SVB impact on ETFs

There has been speculation that SVB’s collapse could expose problems lurking in industry-specific ETFs. John Davi, chief information officer at Astoria Portfolio Advisors, put financials at the top of his watch list. “You need to be mindful of your risk,” says Davi, who runs the firm AXS Astoria Inflation Sensitive ETFtold CNBC’s “Advantages of ETFsThis … Read more

ETF Efficiency During SVB Crash

While the recent fallout from the banking sector has weighed on the index over the past week, some experts say the volatility reveals the efficiency of the exchange-traded fund market. “Importantly, despite all the volatility, stocks are suspended and ETFs continue to trade [and] Trading volumes are up,” John Davi, founder and CEO of Astoria … Read more

ETF Edge’s Active Strategy Under SVB Impact

[The stream is slated to start at 1:00 PM ET. Please refresh the page if you do not see a player above at that time.] CNBC’s ETF Edge focuses on the fastest-growing investing trend right now: ETFs. Each Monday, Bob Pisani joins a panel of top market players to provide educational and actionable advice to … Read more

Two bond ETF strategies that could help investors profit from rate hikes

Joanna Gallegos, co-founder of fixed-income ETF issuer BondBloxx, said jitters over interest rates are meaningfully pushing investors toward the shorter end of the yield curve. Gallegos, the former head of global ETF strategy at JPMorgan, sees this as a reasonable approach. “It’s a guts trade. This isn’t 2022. This isn’t even five years ago. Yields … Read more

Financial world is chasing Middle East money amid global downturn

A man in a Thaw suit walks past a Dassault Falcon business jet in Dubai, United Arab Emirates Leonid Feberg | Sopa Images | Light Rocket | Getty Images Organizers of the Investopia x Salt conference in Abu Dhabi – the brainchild of US financier and former White House press secretary Anthony Scaramucci and Sheikh … Read more

How to trade with higher rates, including a strategy to beat 60/40

Markets are now jittery amid renewed fears that interest rates will remain elevated for longer. Stocks tumbled on Tuesday and the 2-year Treasury yield jumped to 5%, the highest level since 2007. How should investors trade in such an uncertain market? That’s what BlackRock and other professionals say. A barbell strategy for these bond ETFs … Read more