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Tuesday, December 19, 2017 Will 2018 Be a BYOA and Smart Beta Year? If Dave Nadig is right, 2018 will be another year of good ETF flows ($250 billion or more), even as ESG continues its slow rise.
If the market does sour, or at least get frothy, in 2018, Nadig foresees smart beta winners, and he's skeptical about active managers beating passive. Yet he does expect this to finally be the year that the SEC smiles on non-transparent active ETFs (meaning NextShares will get some competition). Low-cost beta continues to dominate flows (in ETFs and in traditional mutual funds), and Nadig expects that to continue. Yet borrowing a phrase from Bloomberg's Eric Balchunas, Nadig also sees a "bring your own assets" market where established asset managers with strong branding and distribution will also continue to grab marketshare in the ETF space. Printed from: MFWire.com/story.asp?s=57418 Copyright 2017, InvestmentWires, Inc. All Rights Reserved |