BofA Flow Show: The Billionaire's Barbell

by Michael Hartnett, Chief Investment Strategist, BofA Securities

Copyright © BofA Securities - Global Research

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The global exchange-traded funds (ETFs) market has rarely been more dynamic. Active strategies may be commanding the headlines, but index-based ETFs remain the bedrock of portfolios worldwide. And yet, misconceptions linger. Many still assume “passive” means automatic and effortless. But is tracking an index really as effortless as it may seem? Dina Ting, Head of Global Index Portfolio Management, explains.
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