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ETF Focused on Cash-Flow Rakes In Billions Despite Snubbing AI Mania bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Over the past year and counting, money managers have ramped up exposure to a handful of Big Tech companies – swelling market valuations along the way. Yet for all the AI euphoria, traders have also poured billions into a tried-and-tested ETF that simply buys companies offering healthy cash flows, in an industry-neutral bet.Most Read from BloombergApple to Wind Down Electric Car Effort After Decadelong OdysseyHow Much Wealth You Need to Join the Richest 1% Around the WorldOffice To ....
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