The money manager says rampant passive investing has undermined the hunt for value.
Patrick Haskell, a former co-head of fixed income capital markets at Morgan Stanley, has taken over.
The ETF has suffered net outflows of about $17.4 billion since it was converted from a trust.
The competition for ETF research platforms catering to RIAs is heating up.
Amid a token slump, some of the largest bitcoin ETFs saw big discounts to asset value.
Lake has led the asset manager's ETF effort globally.
Passive ESG funds have proven to be more appealing to investors, according to Morningstar.
The 11 U.S. spot bitcoin ETFs have seen outflows of $182 million this month.
Commodity bulls argue that strong underlying consumption ultimately means the sector will benefit.
Morningstar warned Wall Street money managers pouncing on the breakneck rush into active ETFs.
The upcoming downside-protection ETF lineup will primarily invest in derivatives.
The world's largest asset manager will flip the $700 million BlackRock International Dividend Fund.
The funds' strategies focus on downside protection and diversification.
The decline extends a disappointing run for the $6.7 billion Ark Innovation ETF.
The push for ETF rule changes has heated up to the point that even major stock exchanges are getting involved.
The startup will represent about 4% of the Ark Venture Fund's holdings.
This ETF is loading up on equity-focused closed-end funds it says are offering large discounts.
Even small allocations to a bitcoin portfolio can improve returns, say these asset management firms.
Developing-nation stocks are trading at a discount of about 43% compared to their peers in the U.S.
The new fee applies to a small minority of firms that don't participate in a maintenance arrangement with Fidelity.