After LeBron James dropped 44 points in Game 4, the series is tied up heading into Boston. Can the Celtics turn it around at home and go back to Cleveland up 3-2?
May.23 -- The ETF industry has something for everyone -- VanEck Vectors Unconventional Oil & Gas ETF (ticker: FRAK) tracks an index that covers the largest and most liquid companies which are active in what is deemed "the unconventional oil and gas sector," which includes coal-bed methane, shale gas and gas hydrates. In this week's "There's an ETF for That," Bloomberg's Scarlet Fu explains the ins and outs of FRAK.
Among 10 Things to Know: Seething over Russia probe, Trump tears into 'spygate'; NFL owners approve policy aimed at quelling firestorm over anthem protests; Yulia Skripal says recovery from poisoning 'slow, painful.'
May.23 -- The FlexShares Morningstar Global Upstream Natural Resources Index ETF (ticker: GUNR) has more than $5.8 billion in assets and has returned more than 20% over the past year. It counts Exxon Mobil, Monsanto and Rio Tinto among its holdings. Bloomberg's Scarlet Fu and Eric Balchunas talk with Darek Wojnar, who heads up FlexShares ETFs at Northern Trust Asset Management, about GUNR, inflation ETFs and the growth of his firm's ETF business.
May.23 -- Bob Tull, an ETF pioneer who helped launch more than 300 exchange-traded products, including GLD, is now president of ProcureAM. He joined Bloomberg's Scarlet Fu to discuss his new venture and the firm's listing for an ETF with the ticker UFO.
May.23 -- Use of factors in ETF investing has exploded in the past few years. Assets under the smart-beta umbrella in the U.S. have almost tripled since 2012, reaching about $600 billion in 2017, according to data compiled by Bloomberg. Since 2017, issuers have started 67 new smart-beta ETFs, according to BlackRock Inc. The firm estimates that factor strategies will grow to $3.4 trillion by 2022, while smart-beta, a subset of the broader factor world, will reach $1.4 trillion. Bloomberg's Scarlet Fu, Eric Balchunas and Sarah Ponczek talk with Dan Draper, global head of ETFs at Invesco, about the rise of smart-beta, commodity ETFs and emerging markets.
Critics say the NFL's decision to force players to stand during the national anthem if on the field say the policy prioritizes the league's mainstream appeal over athletes
May.23 -- Bloomberg’s Greg Sullivan reports on Secretary of State Pompeo’s testimony on North Korea to the House Foreign Affairs Committee, and a plan the Trump administration is considering that would impose new tariffs on imported vehicles. He speaks on "Bloomberg Daybreak: Australia."
May.23 -- Chancellor Angela Merkel heads to China with another U.S.-prompted headache threatening to hurt German interests. Bloomberg's Tom Mackenzie reports on "Bloomberg Daybreak: Australia."
May.23 -- David O'Sullivan, EU ambassador the U.S., discusses Facebook CEO Mark Zuckerberg's testimony, how GDPR will help American companies innovate and the trade tensions between the EU and the U.S. He speaks with Bloomberg's Emily Chang on "Bloomberg Technology."
The court found Twitter is a designated public forum and Trump's "viewpoint-based exclusion" of individuals from that forum violates the First Amendment.