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Will Schmitt

ETF reporter

Will Schmitt is a reporter at the Financial Times focusing on asset management and exchange traded funds. Before joining the FT in 2023, he covered asset management for Citywire in New York City. Prior to that, he worked for the Santa Rosa Press Democrat in northern California, reporting on local government, and he was the state politics and government correspondent for the Springfield News-Leader in southwest Missouri.
Email Will Schmitt @double_you_ess  on Twitter (link opens in a new browser window)
  • Sunday, 4 August, 2024
    Utilities
    Surging AI power demand boosts utility stocks

    Investors have found a cheaper way to play the market’s hot new obsession

    Google data centre in Columbus, Ohio
  • Tuesday, 30 July, 2024
    Corporate bonds
    ETFs are eating the bond market

    And changing its nature in the process

  • Sunday, 28 July, 2024
    InterviewInvesting in funds
    Pioneering stockpicker Chuck Royce steps back after five-decade career

    Small-cap ‘legend’ is retiring at 84 just as shares in smaller US companies are back in favour

    Chuck Royce
  • Friday, 26 July, 2024
    Exchange traded funds
    Vanguard warns investors over company stake limits

    Asset manager says US regulators could enforce ownership caps, raising costs for index-tracking funds

  • Wednesday, 24 July, 2024
    Ethereum
    BlackRock leads as ether ETFs rack up $100mn on first day of US trading

    Debut not as large as bitcoin ETF launch but in line with expectations

    Representation of Ethereum, with its native cryptocurrency ether
  • Monday, 22 July, 2024
    Cryptocurrencies
    SEC approves ether ETFs as crypto moves closer to mainstream

    Latest authorisations follow January launches of first US spot bitcoin ETFs

    A montage of the ethereum and SEC logos
  • Thursday, 11 July, 2024
    Envestnet Inc
    Wall Street groups to buy software maker Envestnet for $4.5bn

    Consortium bets on growing demand for independent asset management among younger, more tech-savvy clients

    Logo of Bain Capital on a purple background
  • Wednesday, 10 July, 2024
    ARK Investment Management LLC
    Wood nods at Ark’s ‘challenged’ returns but insists on future profits

    Investors have pulled nearly $2bn from the group’s flagship ETF

    Cathie Wood
  • Wednesday, 3 July, 2024
    Exchange traded funds
    Boom in active bond ETFs could put total inflows on track for $1tn year

    Funds have been aided by retail interest, particularly among younger investors

    A graph
  • Thursday, 27 June, 2024
    Exchange traded funds
    ETF debuts surge as actively managed offerings gain traction

    ETFs overseen by fund managers who pick stocks continue to gain ground on index followers

    A financial chart
  • Wednesday, 26 June, 2024
    InterviewUS Securities and Exchange Commission
    SEC’s Gary Gensler on his agenda: ‘If the courts adjust, we adjust’

    Top securities regulator says he is determined to keep advancing agency’s rulemaking despite pushback

    Gary Gensler
  • Tuesday, 25 June, 2024
    JPMorgan Chase & Co
    JPMorgan brings in over $15bn from wealthy clients looking to cut tax bills

    US bank seeks to take share of business from Goldman Sachs and Morgan Stanley

    A JPMorgan sign outside the bank’s headquarters in New York
  • Friday, 14 June, 2024
    Tesla Inc
    Elon Musk takes victory lap after 77% of Tesla shareholder votes back his $56bn pay

    Company reveals clear majority of investors back stock options and Texas move

    Elon Musk
  • Wednesday, 12 June, 2024
    Exchange traded funds
    Fidelity secures ‘dozens’ of payment deals from ETF providers

    Brokerage determined to claw back some of the cost of offering retail investors free ETF trading on its platform

    FT montage of stock market graph and bar chart price display
  • Thursday, 6 June, 2024
    Exchange traded funds
    2x ether ETF debuts in US before plain vanilla spot rivals

    Leveraged and inverse products from Volatility Shares and ProShares get green light, while physically backed funds wait

    Traders work on the floor at the New York Stock Exchange
  • Wednesday, 5 June, 2024
    ESG investing
    Investors pull cash from ESG funds as performance lags

    Sustainability-focused equity funds suffer net $40bn of outflows in 2024, the first sustained exodus

    Workers plant mint plants in a field where various crops are tested as part of a dynamic agrivoltaic project involving mobile solar panels designed to optimise agricultural production in south-western France
  • Wednesday, 5 June, 2024
    Financial services
    Texas group plans stock exchange to compete with NYSE and Nasdaq

    TXSE chief says BlackRock and Citadel Securities are among fledgling bourse’s backers

    Dallas skyline
  • Sunday, 2 June, 2024
    Fund management
    AI is promoted from back-office duties to investment decisions

    Asset managers are increasingly using generative artificial intelligence to guide financial choices

    Shadows of people in front of a ChatGPT logo
  • Thursday, 23 May, 2024
    Ethereum
    SEC paves way for ethereum ETFs in boost for crypto

    Approvals follow January debut of first US spot bitcoin ETFs

    A representation of Ethereum, with its native cryptocurrency ether
  • Thursday, 23 May, 2024
    Exchange traded funds
    ETFs shift from ‘core’ to ‘satellite’ in portfolios

    BBH survey indicates the funds are increasingly vehicles of choice for active strategies and tactical short-term use

    Traders work on the floor of the New York Stock Exchange
  • Monday, 20 May, 2024
    Grayscale Investments
    Head of crypto asset manager Grayscale steps down

    New York investment firm turns to former Goldman executive to replace Michael Sonnenshein as chief

    Grayscale Bitcoin Trust ETF signage on the floor of the New York Stock Exchange
  • Thursday, 16 May, 2024
    Vanguard Group Inc
    Vanguard’s new chief plans to lure ‘millions and millions more’ clients

    At BlackRock, Salim Ramji led the industry-beating iShares. Now he has big plans for Vanguard

    Salim Ramji
  • Tuesday, 14 May, 2024
    Bitcoin
    BlackRock closes in on crown of world’s largest bitcoin fund

    Asset manager pushes deeper into digital assets after ETF success

    A montage of the logo for bitcoin, the BlackRock logo, and a high-rise building in the background
  • Tuesday, 7 May, 2024
    Exchange traded funds
    WisdomTree faces new battle with largest shareholder

    ETFS Capital’s Graham Tuckwell urges investors to cast proxy ballots against reappointment of CEO Jonathan Steinberg

    WisdomTree chief executive Jonathan Steinberg
  • Monday, 6 May, 2024
    Cryptocurrencies
    Robinhood warns of SEC lawsuit threat over crypto business

    Retail brokerage says ‘Wells notice’ comes after years of attempts to seek regulatory clarity

    Robinhood logo and various cryptocurrencies
Previous page You are on page 1 Next page

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