Mutual funds don’t seem to be stepping up to the challenge that a global economy presents, possibly creating a wide-open door for the exchange traded fund (ETF) industry.
The power of global business has arrived, with less anchored in the mindset of the nation-state and more concentrated in private enterprise. ETFs offer greater flexibility in accessing these global opportunities at a generally lower cost than mutual funds, reports Tom Pochari for World Affairs Monthly.
Have a listen to my discussion with Tom to hear about the future of the investment business as it relates to ETFs.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.