In recent conversations with market participants, JP Morgan’s index managers have said that around 75% of the assets under management (AUM) linked to the bond indices are ‘active’, and that the total AUM tracking the platforms could be more than $300 billion, sources aware of the matter told ET.
Dow ends 400 points higher as investors buy AI stocks; Microsoft rallies
Wall Street experienced gains on Friday, driven by positive performance from Microsoft and AI-related technology stocks. High oil prices and rising US Treasury yields created