Tim Buckley kicked off the Inside ETFs conference this week with a dire warning for those in the audience—embrace the inevitable fee erosion around asset management, or face extinction.
Because beneath the razzmatazz of poolside parties and cabana happy hours, there is a less palatable reality. It’s getting tough out there for many ETF firms.
Strong equity returns cool retail investor demand for liquid alts, or the “non-correlated cushion” of hedge fund strategies in retail fund wrappers. But J.P. Morgan Asset Management’s Yasmin Dahya argues that now is the time for these strategies...
The past four decades have provided relatively good support for equity returns, which helped fuel the rise of low-cost, straightforward index funds. But there has been a fundamental shift in the markets, and the future won’t be nearly as kind to...
