Trillions

For the first time in its 49-year history, Vanguard has chosen a chief executive from outside the company. His name is Salim Ramji, who previously served as head of BlackRock’s global exchange-traded fund business. The move comes as Vanguard continues to lead the industry in flows, but the giant has other challenges—such as customer service. How much should we expect Ramji to change, or leave the the same, in the House that Bogle Built? On this episode of Trillions, Joel Weber and Eric Balchunas are joined by reporter Silla Brush to answer all of these questions and look at the broader topics surrounding the constantly changing landscape of asset management. See omnystudio.com/listener for privacy information.

Robert Mitchnick, Head of digital assets for BlackRock, discusses the success of the iShares Bitcoin Trust launch, reaching $20 billion in assets. The podcast explores BlackRock's journey into Bitcoin, addressing client frustration, and filing for a Bitcoin ETF. They also delve into Bitcoin's role as a store of value asset, rebalancing investments, and the potential benefits of tokenization in revolutionizing investment assets.

While most of the money flowing into exchange-traded funds goes into the cheaper ones, investors are willing to pay up for certain things. And after all, ETF issuers have to pay the bills somehow. Figuring out how to price an ETF so it’s both appealing to investors and generates revenue is one of the more unsung arts of the industry.   On this episode, Joel and Eric speak with Athanasios Psarofagis, an ETF analyst with Bloomberg Intelligence, and Bloomberg reporter Katie Greifeld about BI’s recent ETF revenue study, which includes a breakdown of fee income generated by issuers and individual products. The conversation also touches on whether the rise of passive investing has impacted markets in the way some observers say. See omnystudio.com/listener for privacy information.

Exploring the ETF industry awards, winners include Fidelity and Vantis. Categories range from Best New US Equity ETF to Lifetime Achievement Award. Dive into Round Hill Magnificent Seven ETF strategy and C.L.F success in small caps. Hosts share favorite ETF tickers like hack and Vanik HODL.

David Schulhof, Founder and CEO of the MUSQ Global Music Industry ETF, discusses the rise of music ETFs, portfolio construction, investing in music ETF vs private equity, the Taylor Swift effect, and artist revenue sources in the streaming era.

Japan scraps negative interest policy after 17 years, halts ETF purchases. China's 'national team' buys Chinese ETFs. Discussing implications for investors and global economy with Bloomberg Intelligence's Rebecca Sin. Central banks' ETF strategies compared. Asia Pacific's potential in the ETF market.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.See omnystudio.com/listener for privacy information.

Worry? What worries? As the market hits new all-time highs, investors are “comfortably bullish,” according to research by Bloomberg Intelligence. They’re also bullish on exchange-traded funds, according to BI’s first-ever ETF survey. What if anything could derail this state of optimism? And how is the current enthusiasm different from the meme-stock euphoria and previous all-time highs of 2021? On this episode of Trillions, Eric Balchunas and Joel Weber speak with Bloomberg Intelligence ETF analyst Athanasios Psarofagis about his new greed/fear index, which uses several ETF metrics. They also comb through the survey’s findings, which show a growing interest in ETFs and active management.See omnystudio.com/listener for privacy information.

Exploration of deal making in sports, media, and entertainment with exclusive interviews with Maria Sharapova and Michael Strahan. Insights into sports business deals and athlete experiences, showcasing benefits of long-term contracts and diverse content.

Recap of the Exchange ETF conference featuring insights on the bitcoin boom, rise of active management, ETF share classes, passive fears, and the innovative spirit of thematic ETF issuers.