The world's largest asset manager plans to launch an ETF focused on stay-at-home companies
The world's largest asset manager filed to create a new exchange-traded fund on Friday to capitalize on remote-living firms' success.
The filing arrives as investors begin to reckon with a prolonged economic recovery studded with smaller coronavirus outbreaks. Markets dipped on Monday after the weekend revealed spikes in COVID cases throughout the US. Firms specializing in stay-at-home trends could see a second surge in popularity as Americans settle in for a longer period of remote work.
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