ETFs outperform mutual funds in both net sales, asset gains
Mutual fund sales turn positive, ETF assets hit record heights
Fund sales stay negative, while ETF sales hold up and assets rise, IFIC says
After a disastrous 2022, it may be time to go long
Year over year, redemptions increased 30.5%
Plus, Evolve exiting the metaverse
Net sales have been negative since March
Reforms aim to address challenges that arose during 2020 market stress
Assets drop as mutual funds remain in redemptions, ETFs stay positive
Macroeconomic conditions, ESG backlash continue to drive investors away