Investment

The MLIV survey found that do-it-yourself traders said holding US stocks is the smartest trade, while professional investors opted for shorting equities.

More than half of thematic funds are trading below their launch price.

According to a recent CAIS survey, private wealth allocation to new asset classes is set to take off over next two years.

Even with the bonds rebounding over the past two months on speculation the Fed is poised to slow its rate hikes, the Bloomberg index of Treasury Inflation Protected Securities, or TIPs, is headed for a loss of nearly 10% this year.

Savvly's new pooled equity index fund has some similarities to a tontine, an investment that pays out at higher amounts as other participants die or withdraw early.

Firms have brought 422 new ETFs to the market so far this year, on track to surpass last year's record number for debuts.

"Bumpy times ahead," and "a rude awakening" are just a couple of gloomy statements coming from Wall Street executives.

Direct-indexing assets are expected to grow faster than ETFs, according to Cerulli.