ETF Trends publisher Tom Lydon is featured on the latest podcast episode of Capital Allocators With Ted Seides.
During the hour-long podcast, Lydon discusses his early career and what drove people to buy or sell a mutual fund in those early days.
He then talked about the evolution of ETFs and today’s landscape, before diving into a diverse range of topics such as fees, distribution, and tax efficiencies to potential landmines and risks in the ETF space.
Here’s a look at the topics discussed throughout the episode:
2:01 – A look at Tom’s early career
4:52 – What drove people to buy or sell a mutual fund in those early days
5:33 – How did Tom’s sell signal just before Black Monday impact the business
6:21 – What were the right funds to invest with
6:56 – What were the key trends during the 80’s and 90’s
8:25 – Layers of cost for mutual funds in the early days
9:04 – Average active management fee back then
10:56 – Evolution of ETF’s
13:49 – Some numbers on the ETF landscape today
15:40 – Why did the last downturn foster more growth in ETFs
18:08 – The institutional presence in the ETF market
18:55 – Fees in the ETF space
19:50 – Distribution of ETFs
21:29 – Actively managed ETF’s
23:35 – Tax efficiency of ETF’s
26:42 – Judging ETF managers
31:26 – Do levered ETFs add any value
34:00 – Ted paper against levered ETFs
35:18 – Potential landmines in ETFs
38:49 – Risks in the ETF space today
42:11– How do ETFs impact pricing distortions
46:16 – What’s happening in active fixed income ETFs
47:43 – Will fund flows chase hot managers?
48:35 – The big trends on the horizon
49:52 – What happens with liquid alternatives
51:08– What are businesses have thrived in the ETF space
53:56 – A deep dive into Tom’s business ETF Trends
55:41 – Closing questions