Latest news with #DrewCarter
Yahoo
4 days ago
- Business
- Yahoo
US Funds Gather $50B of New Assets in June: Morningstar
$50 billion poured into U.S. open-end mutual funds and exchange-traded funds (ETFs) in June—even as U.S. equity funds posted their worst outflows in more than three years, according to a new report from Morningstar. Investors continue to gravitate towards active ETFs despite a modest slowdown, while bond funds dominated inflows as equity funds experienced losses. Active ETFs Stand Out Despite Slowdown in Growth Active ETF flows cooled in the second quarter of 2025, with the 8.8% organic growth rate marking the lowest since the third quarter of 2023. However, it's not surprising that there would be some slower growth rates given the ETF market's large total asset base, according to the report. The slowdown seen in June may just be a 'temporary pause in the data,' Drew Carter, an analyst of equity strategies at Morningstar and an author of the report, told These funds still took in $29.4 billion in June, reaching $200 billion in inflows for the first half of the year. 'We don't really see any underlying reasons that might cause us to expect a more durable decline in flows to these vehicles,' Carter said. 'When I speak to active managers, I would say this is a topic that nearly all of them have explored, and many are moving to creating their first active ETF or adding to their existing lineup to meet client demand.' Investors Turn Away From Stocks Stock market benchmarks like the S&P 500 and Nasdaq Composite may be hitting record highs, but that doesn't mean investors are going all in on equity funds. In fact, U.S. stock funds lost nearly $36 billion in June, suffering their worst monthly outflow in more than three years. Bond funds benefited from investors looking to take a bit of risk off the table. Taxable bond funds picked up $48.8 billion in June, with intermediate core bond funds marking their largest monthly inflow—$19.7 billion—since June 2021. And while U.S. equity funds suffered, international equity funds brought in more than $15 billion in June, 'building on May's momentum and showing continued demand for global diversification,' per the report. IBIT Dominates Digital Asset Flows Investors also remain interested in digital assets, which made up 60% of assets in the alternatives space in June. Much of that growth can be attributed to one fund: the iShares Bitcoin Trust ETF (IBIT), which accounted for 86% of total inflows for digital asset funds in the first half of the year. "There's a long distance between that one and a lot of the other ones that are mostly Bitcoin ETFs, but we did see some decent flows into some Ethereum ETFs,' Carter said, specifically calling out the iShares Ethereum Trust (ETHA). 'I think those trends are just based on the relative popularity of Bitcoin to Ethereum.'Permalink | © Copyright 2025 All rights reserved Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
4 days ago
- Business
- Business Wire
One10 Accelerates Incentive Innovation with Whistle Acquisition
MINNEAPOLIS--(BUSINESS WIRE)--One10 LLC (' One10 '), a leader in performance improvement and incentive solutions, has acquired Whistle, a St. Louis-based employee engagement and rewards technology company. The acquisition significantly strengthens One10's position in behavioral science, data science and incentive technology capabilities, enabling faster, more targeted ways to improve performance across employee and channel ecosystems. Whistle, known for its award-winning technology, also brings a team with deep industry expertise, including co-founders Drew Carter and Chris Dornfeld. Whistle employees will remain in St. Louis and officially become One10 team members. 'This is a powerful moment for One10,' said Bob Miller, President and CEO of One10. 'The Whistle team brings cutting-edge talent and a platform rooted in data science, which aligns perfectly with our mission to drive results for our clients by improving the performance of their employees and channels.' Drew Carter will join One10 as President of Performance Solutions, overseeing the company's Incentive & Recognition and Marketing Services solution areas. Chris Dornfeld will become Executive Vice President of Product Strategy, leading the continued development of Whistle's technology and the next generation of One10's incentive platform. 'By joining forces with One10, we're combining Whistle's agile technology with One10's proven expertise and scale, delivering clients even more powerful ways to drive performance,' said Carter. 'This partnership expands what's possible - making it easier and faster for companies to engage employees and channel partners in meaningful, measurable ways.' The acquisition is the latest strategic move by One10 to expand its capabilities and product-led solutions. The integration of Whistle's technology, talent, and behavioral science expertise will accelerate One10's product roadmap and client value delivery. For more information, visit About One10 One10 LLC is a leader in incentives and recognition, travel and events, and marketing services across the U.S. and Canada. The company offers software solutions to enable and engage corporate employees, salespeople, and channel partners. One10's global rewards, prepaid solutions and products help some of the world's most admired brands improve engagement and drive results. One10 is backed by Bow River Capital, a private alternative asset manager based in Denver, Colorado. Bow River Capital Evergreen Fund is distributed by Foreside Financial Services, LLC, which is not affiliated with Bow River Capital or its affiliates.
Yahoo
06-07-2025
- Sport
- Yahoo
Utah Jazz vs. Philadelphia 76ers
Drew Carter still has C's over Sixers next season, even after roster moves Drew Carter argues that the Celtics will be better than the 76ers next season, even after all their offseason moves. He says he can't trust Joel Embiid nor Paul George to get it Carter still has C's over Sixers next season, even after roster moves originally appeared on NBC Sports Boston
Boston Globe
21-04-2025
- Sport
- Boston Globe
Celtics broadcaster Drew Carter succeeds in his (probably stupid) decision to make Boston his first marathon
'It was hard to train on the road,' said Carter. 'I've got a pretty busy schedule, obviously. But without the training, you obviously can't do it.' Running in partnership with the Shamrock Foundation, the 27-year-old Carter — who finished in three hours, 48 minutes, and 2 seconds — raised more than $10,000. He says he is incredibly proud and lucky to have run for the foundation in support of the team. 'I think about the power of the Celtics, how many people respect and love that brand,' Carter said. 'Plus, combine that with hardworking, ambitious people who really give a crap about others in the community, you can do some really special stuff.' Advertisement Boston Marathon ✅ — Drew Carter (@Drewdle25) Carter made time to go on long runs while on the road with the team, seeing the beautiful sights of San Antonio, Portland, and Chicago. He would often listen to his broadcast partner Scalabrine's radio show 'The Starting Lineup' while running, and queued it up as he started Monday. Advertisement On top of the scenic routes, Carter received assistance from his coach, and professional treatment when he needed it most. 'One of our trainers, Drew Moore, helped me with my hips,' Carter said. 'I texted him Wednesday night and I said, 'Hey man, my left hip is killing me. Got any idea?' He said, 'Can you come to the Auerbach Center at 7 a.m. tomorrow?' ' Miraculously, Carter said his issues were cured in 30 minutes, and he returned to the training facilities after the It was a small taste of the professional athlete life, one which he also experienced on the course. 'It was freaking cool,' Carter said. 'I've always wanted to feel that.' On top of all of the training, cheers from the crowd and his family at the top of Heartbreak Hill, and a FaceTime call from Celtics forward Sam Hauser the night before, Carter crossed the yellow and blue finish line with a bright smile. 'It's like an angel carries you over the finish line here, man,' Carter said. 'This place is magical.' Related : Aiden Barker can be reached at
Yahoo
27-02-2025
- General
- Yahoo
People of the Scioto Renaissance: Maxine Malone
While there are still missions to be accomplished and hurdles to leap in the greater Portsmouth area, there is massive progress being made all over by everyday people who are either providing a service, volunteering, serving in office or donating to good causes. We frequently hear that we are in a renaissance, as new developments continue to pop up, new events are added to the annual calendar, and progress is made. But why? These things don't manifest themselves. In a weekly column, for one year, I plan on writing about a different member of the community who strives to make this renaissance go. I'll be highlighting business owners, volunteers, faith-based leaders, professionals and more. I am on column 21 into this journey, after highlighting 15 individuals, four couples and a set of volunteer dogs. I had planned on dedicating every column in February to black community leaders making a difference, in honor of Black History Month, but I was late securing interviews, and I started two weeks ago with Drew Carter. I then highlighted Carla Womack. I will still be dedicating four columns to these individuals, however, and I now move onto someone who made my list for this feature series very early on. Maxine Malone is pretty much a household name for this region, after a 40-year track record of making a difference. She has been a champion of the Northend community and children for decades, where she is highly respected. You can typically tell who has been touched by her many impacts, or who acknowledge them, when you hear them calling her 'Miss Maxine.' Maxine is the founder and director of Wings of Hope Recovery, which has over a decade of work under its belt, where its mission is rooted in comprehensive training in drug, alcohol and behavioral health. Malone is a Certified Family Peer Support Counselor, a Certified First Aid Mental Health Responder, recognized by the National Alliance of Mental Health, and a Qualified Mental Health Specialist. She has developed or operated programs such as the Catcher's Mitt program, 'Catch A Kid Before They Fall,' for disadvantaged youth; Operate Life on a Plate, a family reunification education and health wellness program; the Scioto County Re-Entry Program; the S.M.A.R.T. program (Senior Meals Arrive in Real Time); Alive and Kicking programs for ages 55 and over; Youth Weight and Health Fitness Program, 'Pump Iron for Life' and the Wings of Hope Summer Outreach Program. She has also touched countless lives through the art company she directs and founded in 1985 called Rhythm Art and Drama Company, which highlights the talent and creativity of youth and adults in dance, music and drama. For ten years, she touched thousands of lives as the director of the 14th Street Community Center, between 2010 and 2020. Between 2007 and 2016, she was the executive director for the Portsmouth Inner City Development Corp. In this role, Malone led the Minority Contractors Business Assistance Program, promoting job creation and retention; managed loan and bonding programs in the Minority Business Development Division; and supported minority businesses with certification and procurement contracts. For two years, Malone worked with A & I Enterprise Systems, Inc., where she supervised IT and construction management, developed policies and procedures, conducted quality control and organized programming initiatives. Finally, for 16 years, she was a senior project manager for John James Estes and Associates, Inc. With a busy schedule, booked with programming and volunteerism, Malone has limited adding anymore participation in boards and committees. 'Nevertheless, I remain available to assist committees actively engaged in community initiatives as needed,' Malone said. 'I have been serving on the advisory committee for the Juvenile Drug Court program for over 15 years, collaborating with the Honorable Judge Kirsch and Judge Lemons. My work with these juveniles has profoundly influenced my perspective, instilling a deep compassion and commitment to the well-being of these youth and their successful integration into society.' Malone is also actively involved with the Court-Appointed Special Advocate (CASA) program, which collaborates with Child Protective Services and the juvenile justice system. 'As a volunteer, I advocate for the safety and well-being of children who have experienced abuse and neglect,' Malone said. 'This initiative represents one of my deepest commitments to social justice and child welfare.' A lot of Malone's time today is dedicated to Wings of Hope. 'Wings of Hope's main achievement is securing grant money for the overdue renovation of Bannon Park,' Malone explained. 'I am proud to say that my entire community, both near and far, is committed to the effort to beautify Northend.' The work spearheaded by Wings of Hope, to reinvest in Bannon Park, received recognition for the community's efforts. 'On July 13, 2024, U.S. Senator Brown and his wife invited Wings of Hope to attend the Women Leadership Summit in Cincinnati, Ohio at Xavier University to receive the Canary Award. This award is given to individuals or organizations that uplift Ohio women and serve their communities. Bannon Park's revitalization, supported by our vision, aims to have a significant impact on our community. Ms. Sharon Davis, vice president, and our entire team are honored to receive the Canary Award. The impact of planting seeds of Love and hope and witnessing life-changing effects.' However, one of Malone's favorite programs and personal impacts on the community is through programming. 'During the pandemic, the Catches Mitt Educational and Wellness Program launched the 'Catch A Kid Before They Fall' initiative to assist children who were falling behind in school, health, wellness and nutrition due to distance learning,' Malone recalled. 'Each day, the kids come to the community center to work on their Chromebooks and complete their assignments. Our goal is to enhance each child's abilities. The program is still active today at the Wings of Hope building. Our mission is to focus on conflict and anger management, creative thinking, awareness, active listening, positive responses to discipline and organizational skills.' With such a busy schedule, Malone sees each day as an achievement in creating opportunities for kids who will take over her responsibilities in the future. 'My mission is very important to help people become leaders, build self-esteem, and motivate them to believe in themselves,' Malone said. 'This includes promoting values, drug-free lifestyles, safe decisions, and wellness in the community. It also focuses on building resilience, leadership, and life skills in disadvantaged youth while supporting adults and families with substance use or mental health challenges.' Malone further expanded on the importance of such programming, stating, 'We must actively engage in our community if we want to thrive within it. Building a strong community involves fostering social connections and a sense of belonging. We need to have a voice in local decisions, as this allows us to shape the future of our community by teaching our youth that they do have a future. UJIMA, which means 'Collective Work and Responsibility,' emphasizes the importance of collaborating to build and maintain our community. We should view the problems of our brothers and sisters as our own and work together to find solutions.' Malone continues playing an important role in the Northend and beyond, operating programming, building parks, directing artistic endeavors, impacting social services and more. She looks forward to watching the benefits from these initiatives grow and hopes for an inclusive future from it all. 'I hope to see a day when all people in Scioto County—Democrats, Republicans, and Independents—put aside their differences and come together for the betterment and growth of our city. It's not about political parties, rich or poor; it's about our community. By working together, we can create a positive impact that benefits everyone, a trickle-down effort. Remember, all people are created equal.'
