From Grant Wasylik: The competition between mutual funds and ETFs is lopsided. ETFs are clobbering mutual funds in terms of asset flows.
Since the financial crisis, mutual funds have seen net outflows of $103 billion, while ETFs have net inflows of $1.5 trillion. Yes, that’s trillion with a T!
A few weeks ago, I attended “Inside ETFs” in Hollywood, Fla. This conference shed more light on this massive money shift that shows no signs of stopping anytime soon …