I just returned from the 13th Annual Super Bowl of Indexing in Phoenix, AZ, the largest indexing and exchange traded fund (ETF) conference in the industry.
We’re coming off one of the worst years in decades for the markets and the financial services industry has been pretty beat up in this downturn. Yet, it was heartening to see that the general mood at the conference was upbeat.
A big part of that is because ETFs have show positive asset flow year-to-date. While there’s been volatility in the markets, it has given ETFs a chance to really shine.
“Investors have been given tools to better navigate that volatility, with long and short funds and taking advantage of options strategies,” says Albert Neubert, executive director at IMN, the conference’s organizer.