ETF demand was broad based in 2020, as fixed income and commodity ETFs pulled in impressive net inflows relative to their size. In addition, investors continued to choose equity ETFs over often more expensive mutual funds.
The unprecedented surge in SPACs was fueled in part by a hunt for alternative investments that was spurred by the coronavirus pandemic
Clean energy and innovation ETFs posted the best returns over the past year, while oil and gas funds saw the worst returns.
Low-risk options for those willing to settle for low reward.
Boutique and mid-sized asset managers can revive it by developing the niche strategies most in demand from advisors and their clients.