Bonds and equities in developing countries will continue to streak ahead, outpacing their developed-nation peers into next year, according to a Bloomberg survey.
Like developing countries forgoing landlines for smartphones, young investors are passing over mutual funds for ETFs, says Wisdom Tree’s chief investment strategist.
Seventeen years ago, iShares launched its first wave of ETFs, and immediately changed the asset management business. A member of that team recalls how the magnitude of its success took even some insiders by surprise.