Reported 2 days ago
Advisors are increasingly focusing on clients' cash-flow needs, showing a preference for active mutual funds over ETFs. Recent data from Nasdaq reveals that while cash alternatives lead at 68%, active mutual funds are favored by 62% of advisors, reflecting a notable 9 percentage point increase over the last two years. Passive ETFs are used by 58% of advisors, placing them third. The trend indicates that advisors still value active management in income strategies, despite the growing ETF market, with many relying on recommendations and model portfolios for guidance.
Source: YAHOO