Signs that investors were concerned about rising rates and expensive stock valuations are scant as flows into equity and bond funds continue pacing upwards.
They pulled the plug on U.S. equity funds but steered $1.34 billion—a 59-week high—into the industrial sector during the week that straddled the calendar years.
Buckingham Strategic Wealth’s director of research shares what he thinks are the limitations of exchange traded funds and what attendees should seek out at conferences like Inside ETFs.
Like developing countries forgoing landlines for smartphones, young investors are passing over mutual funds for ETFs, says Wisdom Tree’s chief investment strategist.
