The Beginning of the End for Mutual Funds
The vibe of the IndexUniverse’s InsideETFs Conference in Hollywood Florida I attended in 2012 was one that I have felt before—a group that knows they’re changing the very structure of their industry. It’s not just about being new, creative, or disruptive—it’s the sense of knowing you have won. The mutual fund industry is still almost 10 times the size of ETFs/ETNs with $7.9 trillion in assets vs …