Trillions

Cathie Wood, ARK founder and active ETF pioneer; Brett Winton, ARK tech researcher and modeler; Charlie Roberts, ARK private equity strategist. They discuss ARK's interval venture fund, how they value and price illiquid private stakes, their research-driven selection and cap-table approach, and the structural limits around getting private-company exposure into public funds.

In this engaging discussion, Jim Craig, chief investment officer at Stone Harbor, and Damian Sassower, fixed income analyst at Bloomberg Intelligence, dive deep into the booming Venezuelan bond market. They explain how lifted sanctions have fueled a surge in bond prices, particularly highlighting Stone Harbor's strategic acquisition of distressed debt. The duo also explores the complexities of EM investing, discussing the importance of on-the-ground research and the potential restructuring of Venezuelan bonds. Discover how institutional investors are navigating this volatile landscape!

In this insightful discussion, Athanasios Psarofagis and James Seyffart, both Bloomberg Intelligence ETF analysts, share their expertise on ETFs to keep an eye on for 2026. They delve into intriguing themes like the performance of Vanguard’s VXUS and the rise of political-driven investments like OTGL in Latin America. The duo also highlights the potential risks of leveraged ETFs and discusses innovative funds such as the R&D-focused LRND and the UFO-themed UFOD, showcasing the dynamic landscape of the ETF market.

Brian Hartigan, the Global Head of ETFs and Index Investments at Invesco, shares insights from his extensive experience in the competitive ETF space. He discusses the challenges of thriving in what he calls "The Terrordome" and how Invesco navigates fierce competition from giants like Vanguard. Hartigan dives into the success of smart-beta ETFs, the rising demand for diversification in market shifts, and the unique trajectory of QQQ. Additionally, he offers advice on investing in volatile assets like Bitcoin and the appeal of thematic ETFs as portfolio enhancers.

Katie Greifeld, a Bloomberg reporter specializing in cross-asset markets, joins Todd Sohn, a senior ETF strategist at Strategas Securities. They delve into why 2025 is a record year for ETFs, breaking all-time highs in launches, flows, and trading volume. The discussion explores the rise of leveraged ETFs, the booming demand for thematic investing, and the ongoing struggles of small caps and low volatility funds. They also analyze the industry's shift towards active strategies and the implications of consolidation among major players.

David Papadopolous, an Executive Editor at Bloomberg News, joins Denitsa Tsekova, a cross-asset reporter and ETF commentator. They dive into the explosive world of ETFs, spotlighting innovative pitches. Denitsa champions a high-yield dividend ETF, emphasizing tax efficiency and steady inflows. Papadopolous shares his subjective rankings on various ETFs, including pitches for meme stocks and humanoid robotics. The conversation unveils trends, potential juggernauts, and the quirks of the ETF landscape.

In this discussion, Matt Kaufman, Head of ETFs at Calamos Investments, uncovers the intriguing world of autocallable ETFs. He explains how these bond-like notes linked to equity markets provide a high monthly income of around 14%. Matt also walks through the mechanics of how these notes work and the innovative methods Calamos uses to build a diversified ETF strategy. He shares insights on market risks and the unique benefits of using swaps to enhance efficiency while discussing who might benefit from including these structured products in their portfolios.

Join Jeremy Schwartz, Chief Investment Officer at WisdomTree, as he dives into Japan's shifting political landscape with the election of Sanae Takaichi, the country’s first female prime minister. Schwartz discusses Japan's promising investment outlook, driven by currency hedging and dynamic market conditions. He highlights Warren Buffett's impact on Japanese investments and the importance of Japan's tech contributions amidst global growth. Lastly, Schwartz addresses the implications of Japan's high debt and the evolving strategies of WisdomTree’s ETFs.

Bernard Goyder, a Bloomberg options and volatility reporter, dives deep into the world of hedging strategies in this engaging discussion. He explains the intricacies of the VIX and the pitfalls of VIX ETFs, highlighting their potential for high returns alongside significant risks. The conversation also covers simpler personal finance strategies as alternatives, and the appeal of buffer ETFs, especially for retirees seeking downside protection. Goyder wraps up with practical advice on navigating these complex financial instruments.

Nick Maggiulli, Chief Operating Officer at Ritholtz Wealth Management and author of The Wealth Ladder, delves into the evolving landscape of wealth-building. He explores the diminishing value of money, breaking down how $10,000 versus $1 million impacts lives differently. Discussing the six wealth levels, Nick reveals how market dynamics shape net worth. He champions low-cost ETFs and income-producing assets as essential for investing. For those on their financial journeys, he offers actionable steps to navigate the wealth ladder effectively.