Flows surged after port works were completed at major export terminals
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Oil Flows From OPEC+ Kings Saudi and Russia Rebounded Last MonthSaudi Arabia and Russia, the two nations leading OPEC+ oil cuts, boosted their crude exports last month, offering solace to a global market where supply is getting increasingly tight.
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Barclays Says EU Review of ESG Can Hit Fund Flows ‘Meaningfully’Asset managers selling funds into the European Union risk having client flows “meaningfully” disrupted as regulators in the bloc consider a major overhaul of ESG investing rules, according to analysts at Barclays Plc.
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Flows into AI funds wane as US rate worries weighInflows into exchange-traded funds (ETFs) tracking artificial intelligence (AI) companies have ebbed after their sharp run-up earlier this year, as investors fear persistently high U.S. interest rates will hurt company valuations. The Global X Robotics & Artificial Intelligence ETF received $1.8 million in net inflows in September after sharp outflows in the prior month, while the smaller ROBO Global Robotics & Automation Index ETF saw outflows of $14.3 million. On the whole, AI and robotics focused ETFs had a strong start to 2023 after the release of Chat GPT-4, taking in over $1.9 billion through the first three quarters of the year, said Aniket Ullal, ETF data and analytics head at CFRA Research.
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Flows into AI funds wane as US rate worries weighBy Bansari Mayur Kamdar (Reuters) - Inflows into exchange-traded funds (ETFs) tracking artificial intelligence (AI) companies have ebbed after their ...
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Flows into AI funds wane as U.S. rate worries weighIndustry stocks have suffered along with broader markets in recent weeks
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Oil prices steady as focus returns to supply outlookBrent December crude futures rose 17 cents to $92.37 a barrel by 0802 GMT, while U.S. West Texas Intermediate crude futures gained 26 cents to $91.05
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