- State Street (STT -4%) expands its New Economy Sector ETF lineup, adding ETFs for space and deep sea travel, clean energy, and a new economy composite.
- SPDR Kensho Final Frontiers ETF (XKFF) seeks to provide exposure to the commercialization of space and deep sea travel and exploration.
- SPDR Kensho Clean Power ETF (XKCP) focuses on the clean power industry in both generation and underlying technology.
- SPDR Kensho New Economics Composite ETF (KOMP) seeks to track an index that combines 16 new economy industries, ranging from 3D printing to genetic engineering.
- Kensho Technologies uses alternative data and artificial intelligence to identify and analyze large amounts of data from companies developing products and services driving the new economy.
- Previously: Schwab may start a no-fee index fund for retail clients: Credit Suisse (SIX:CSGN) (Oct. 19)
- Now read: European Vs. American Banks In 2018: A Tale Of 2 Very Different Animals
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