Ben Johnson, the global ETF research director for Morningstar, on the evolution of ETFs, the (so far) lackluster demand for active strategies, and the unwarranted fear that ETFs pose a threat to the markets.
AdvisorShares launches ETF with exposure to alcohol, cannabis and tobacco stocks, research shows teams are more successful than solo advisors and Fi360 updates Fee Benchmarker.
Investors pulled $11.6 billion from mutual funds, the second largest weekly outflow this year, while pouring $14.6 billion into ETFs, according to Goldman Sachs.