Defiance ETFs Defies Norms, Issues NFT ETF
New York-based Defiance ETFs became the first ETF issuer to offer exposure to the emerging market of non-fungible tokens (NFTs) at the tail end of 2021. The Defiance Digital Revolution ETF (NFTZ) listed on New York Stock Exchange on December 2 with a total expense ratio (TER) of 0.65%...
Hedge Funds Go Against Grain, Bet On Steepening Yield Curve
The Federal Reserve’s recent pivot towards a more aggressive strategy to fight elevated inflation has flattened the yield curve, which indicates that some investors anticipate the US central bank’s policy tightening could eventually hinder longer-term economic growth. However, some hedge funds are betting that pricing in the bond market that reflects pessimism about the US economy will not last...
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Hertz Appoints Scott M. Haralson as Chief Financial Officer
Hertz Global Holdings, a prominent global rental car company, has announced the appointment of Scott M. Haralson as Chief Financial Officer. "His deep expertise in financial management and leveraging the capital markets to drive business transformation will be invaluable to Hertz as we rotate our fleet, deliver operational excellence, build greater cost discipline and undertake other key initiatives to improve our financial performance", stated Hertz CEO Gil West...
Navan Appoints Amy Butte as Chief Financial Officer
Navan, the comprehensive super app simplifying travel and expense management, announced the appointment of Amy Butte as Chief Financial Officer effective June, 2024. Butte, who joined Navan's Board of Directors in April 2024, has resigned from her role as Audit Committee Chair to assume this executive position...