Hot Reads: Hundreds of Funds Could Lose ESG Rating

Plus, the struggles of active fixed-income ETF managers are worsening.

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Reviewed by: Heather Bell
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Edited by: Heather Bell

Hundreds of Funds to Be Stripped of ESG Rating (Financial Times) 
Unpublished BlackRock research also reveals thousands more will be downgraded in wide-ranging MSCI shake-up. 

Pros Fail to Meet the Moment With Bond ETFs (Bloomberg) 
Active fixed-income ETFs stumbled last year and only 40% are beating their benchmarks in 2023. 

Investors Flock to Biggest Gold ETF in Search of Safe Haven (MarketWatch) 
The flight to quality is basically the result of the banking crisis, and GLD is one of the biggest beneficiaries. 

US Bonds Rally On Possible Pause or End to Rate Hikes (The Capital Spectator) 
The Fed is worried about the banking sector after its recent turmoil. 

US Is Scaring Off Foreign Investors—Where They’re Going Instead (Barron’s) 
There’s been an exodus from U.S. Treasuries by non-U.S. investors, though gold has seen inflows.  

ARK Continues to Buy Block, Coinbase as Shares Tumble (Bloomberg) 
ARK founder Cathie Wood is known for pouncing on top picks when they have a pullback. 

6 Nuggets of Investment Wisdom From Charley Ellis (The Evidence-Based Investor) 
One of the biggest supporters of passive investing reiterated some core concepts during a recent podcast. 

Should Young People Save Less & Spend More? (A Wealth of Common Sense) 
If you can, you should enjoy yourself when you’re young. 

Heather Bell is a former managing editor of etf.com. She has also held editorial positions at Dow Jones Indexes and Lehman Brothers. Bell is a graduate of Dartmouth college and resides in the Denver area with her two dogs.