Today on "Life After Mutual Funds"...
2023 was the second year in a row where we saw a >$1 trillion swing in flows between mutual funds and ETFs.
Source: @MorningstarInc Direct. Data as of Dec. 31, 2023.
What executive team is focused on ESG metrics alone, ignoring traditional fundamentals? ESG investing has always been investing; that ESG investors want to make money isn't a "shift in sentiment" as @Betsy_Atkins' article quotes.
Read it and weep, people. Or just buy a balanced/TD fund and call it a day? 🤷♀️ The latest @MorningstarInc "Mind the Gap" research, this year from @syouth1 https://t.co/xe0Xk5Jwzs
Bad decisions like trading too often, buying funds after they've already run up, and selling in a panic after market declines can all chip away at investor returns. Here's why market timing doesn't work and why buy and hold is better. https://t.co/s0dRRyhyWx @CNBC@MorningstarInc
📣 Don't miss the top moments from day 3 at the Morningstar Investment Conference! ⏰ Tune into our video for insights from industry leaders and stay up-to-date on the latest trends. 🤝 Join the conversation and share your thoughts on the conference's best moments using #MICUS.
Just because you’re in government doesn’t mean you have vastly more information than reading @nytimes, @axios, or @politico, says Larry Summers at #MICUS
“We turned ourselves from a 2% inflation country into a 5% inflation country.” @LHSummers sounding a downbeat note on beating inflation before a packed house at #MICUS
Looking forward to connecting with #MICUS attendees and speakers in Chicago. Don't miss my keynote conversation with @christine_benz and Mark Miller @RetirementRevised about How to Make the Most of Social Security at 8 a.m.CT Thursday.
“Telecom srvs, utilities, household products, automobiles, & construction and engineering are industries w the highest proportion of cos w strong management scores for the Low Carbon Transition Rating.” #EarthDay insights @Sustainalytics #MICUS https://t.co/gB0Y65QlTs
The difference between persuasion and influence is that persuasion doesn’t happen and influence does. Slowly and over time. @ezraklein#PageSpring@awpagesociety
@EricBalchunas@business Indeed-not just in ETF launches. @_lindseystewart reviewed policies of a selection of European asset managers: 13 of 25 asset managers provided detail on their active ownership approach to biodiversity. Expecting more attention in this proxy season. https://t.co/JL7hK57ZOD