Like climate change, the forces driving investors to passive investing may be too far along to turn back. The velocity toward index-driven dystopia appears to be increasing.
Former Edward Jones advisor sues over fake Craigslist ads, relying on backtested data can be dangerous, and Envestnet-PMC offering long/short equity strategies.
While most of ETFs that invest in other ETFs combine different asset classes, or rotate between sectors, Vanguard’s will stay close to home -- buying its own bond funds.