Fixed income ETFs continue to dominate inflows in 2020, pulling in half of the new money, despite representing just one-fifth of overall assets as investors have sought low-cost income with the 10-year Treasury yielding less than 1%.
The SEC is investigating whether USO adequately disclosed risks to investors after it was forced to dramatically reshuffle the mix of futures contracts it tracked during the market turmoil.
COVID-19 has caused some advisors to doubt the benefits of outsourcing investment management to third-party models, according to data collected by market research firm Ycharts.