Fortis’ News of the Week:
- In a landmark shift, passive funds overtake actively managed funds in total assets for the first time in 48 years.
- Harbor Human Capital ETF has seen positive performance by focusing on strong corporate cultures rather than ESG initiatives.
- FCC to extend the Telephone Consument Protection Act to criminalize unsolicited robo calls using AI-generated voices.
- Travel search engine, Kayak, has seen a 15-fold increase in searches filtering out the Boeing 737 Max flights.
- WA state is considering a legislative proposal to ease strict zoning laws and increase small neighborhood cafes to enhance local connections.