Business AcquisitionFinance

Multi-Strategy ETF Revival Led by Former BlackRock Executives

Two ex-BlackRock executives are driving a multi-strategy ETF resurgence with QALT, aiming to capture demand for alternative returns in ETF format. Despite modest current assets, the segment shows growth potential as major players enter the space. The move represents a significant evolution in the exchange-traded fund landscape.

Former BlackRock executives are leading a bold initiative to revive multi-strategy exchange-traded funds, targeting hedge-fund-like returns through the new QALT ETF. Bob Hum and Michael Lane, now with SEI, are betting that investor demand for sophisticated strategies in accessible ETF packaging will finally gain traction in the $12.5 trillion ETF industry.

Multi-Strategy ETF Market Challenges and Opportunities

Assistive TechnologyComputer Hardware

iPhone 17 Demand Narrows Market Share Gap Between Apple and Samsung

Apple’s iPhone 17 lineup has driven the company to nearly match Samsung’s smartphone market share in Q3, according to IDC data. Apple captured 18.2% market share compared to Samsung’s 19% as premium phone demand defies economic challenges. The achievement highlights how innovative financing and hardware continue to reshape the smartphone landscape.

iPhone 17 demand has propelled Apple to nearly match Samsung’s global smartphone market share in the third quarter, according to new data from International Data Corporation. The latest figures show Apple capturing 18.2% market share compared to Samsung’s 19%, marking the closest the two tech giants have been in recent quarters despite challenging economic conditions.

Market Share Numbers Show Tightening Competition