HSBC debuts stock-picking AI index
New U.S. equity index powered by "big data"
- By: James Langton
- May 26, 2020 May 26, 2020
- 14:12
New U.S. equity index powered by "big data"
Firm also appoints new managing director to work on $500-million fund
The platform will be available later this year
Five products are closing
It's a transparent, rules-based index for a growing market, the company said
ETFs, mutual funds to be managed by “Bond King” Jeffrey Gundlach
New funds offer clients global exposure
The firm also announces management fee reductions and other changes to its mutual fund lineup
The new fund began trading on Friday
A detailed look at how ETFs performed after the bull run ended
The new account comes ahead of expanded CDIC deposit insurance coverage
The ETF is expected to close at the end of June
The Unity GIC is available to Canadian organizations, including businesses, nonprofits and charities
The mutual fund is designed to offer a tax-efficient yield with downside protection
The new offering is the asset manager's first alternative mutual fund
ETFs that hold quality companies — those with a history of consistent profitability, strong free cash flow and low debt levels — can inject optimism into…
The fund is being terminated due to its small asset size
The change affects the firm's SocieTerra line of funds
The coronavirus outbreak has impacted the global real estate market
Manufacturers discuss their strategies ahead of new regulations
The new ETF accesses the small- to mid-cap sector
Companies can expect increased scrutiny from institutional investors on ESG issues
Invesco says Canadian investors' interest in ESG has increased
Three of the ETFs focus on sustainable investing
Phil Taller is the lead manager on the fund