Trustees vote to shutter two ETFs from startup manager Azoria Capital
NegativeFinancial Markets

In a significant move, trustees have decided to close two exchange-traded funds (ETFs) managed by the startup Azoria Capital. This decision highlights the challenges faced by new investment firms in a competitive market and raises questions about the sustainability of innovative financial products. The closure may impact investors who were looking for alternative investment options, signaling a cautious approach in the current economic climate.
— Curated by the World Pulse Now AI Editorial System