Unbiased AI-powered news
Assets under management in two major emerging markets ETFs have hit new highs. The MSCI fund reached $160 billion while the FTSE fund reached $120 billion.
etftrends.comAssets under management in the MSCI emerging markets ETF reached a record $160 billion. Assets in the FTSE emerging markets ETF reached a record $120 billion. Over the past 12 months, assets in the MSCI ETF nearly doubled while assets in the FTSE ETF rose nearly 50 percent.
The MSCI ETF posted a 39 percent gain during the period while the FTSE ETF returned 23 percent. The MSCI ETF received $22 billion in net inflows over the 12 months, more than double the inflows into the FTSE ETF. The difference between the two funds stems from South Korea's classification as an emerging market by MSCI and a developed market by FTSE Russell.
South Korea's AI boom is reshaping emerging market investing.
These outlets didn't split into competing frames — coverage was uniform.
Major U.S. indexes declined Tuesday after artificial-intelligence shares fell sharply. The S&P 500 slipped 33.58 points to 7,503.85 while the Nasdaq composite dropped 1.2 percent.
benzinga.comMomenta plans to begin trading in Hong Kong on Wednesday after completing a $752 million IPO. The listing will test investor appetite for loss-making technology companies.
retailtimes.co.ukThe Bank of England’s Financial Policy Committee said the UK financial system remains resilient despite higher equity leverage, stretched AI valuations, and Middle East conflict effects. Energy prices rose then fell after a US-Iran memorandum, while private credit and sovereign d…