Once asset managers can convert traditional mutual funds into ETFs, that will change the market for mutual funds, according to panelists at Inside ETFs. But one speaker says it won't be the end of mutual funds.
Josh Jamner, investment strategy analyst at ClearBridge Investments, details the indicators on the Recession Risk Dashboard that could point toward an economic downturn.
'There is no free lunch. If something has value, it shouldn’t be free,' Sue Thompson, head of SPDR Americas distribution for State Street Global Advisors, said at the Inside ETFs conference.
Dave Nadig and Matt Hougan declared at Inside ETFs that investing is a solved problem; now advisors need to rethink the core of their businesses and how they allocate their time.
The investment research provider believes the revised approach will help investors and advisors find funds most likely to perform well in up and down markets.