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The biggest U.S. ETF tracking clean energy shares was on track for record annual outflows as a rapid rise in interest rates, surging raw materials costs and supply chain disruptions make the fund less...
A one-time pandemic favourite sees significant outflows
The biggest U.S. ETF tracking clean energy shares was on track for record annual outflows as a rapid rise in interest rates, surging raw materials costs and supply chain disruptions make the fund less attractive to investors. The iShares Global Clean Energy ETF has reported over $1 billion in net outflows so far this year, according to Lipper data. The one-time pandemic favorite had seen net inflows of over $2 billion each in 2020 and 2021, but investors have since exited the ETF in the face of higher interest rates.
In recalling the many saloons of the pre-Prohibition era in Bemidji, it is easy to think of the robust bartenders and saloon keepers as owners of the property, but this was seldom the case.
Since 1985, KUVO has provided a rare blend of music & news. We broadcast the best in Jazz, Latin Jazz & Blues in addition to 17 locally produced, culturally diverse programs.