ETF Trends Editor Tom Lydon speaks with Morningstar’s Director of ETF Research, Paul Justice, about how the company is focusing on financial advisors who build portfolios with ETFs.
Justice says managed ETF portfolios will be an important driver of the industry’s growth as more advisors look to “outsource” investment management to spend more time working with clients.
He also discusses the recent burst of activity in ETFs that disproves the traditional view that indexing is a boring business.
“Some of the most underappreciated people in the world are index fund managers,” Justice says. “They do a lot of things behind the scenes.”