Active Management, Low-Cost ETFs Lead 2024 Fund Flows

In this episode of Advisor Insider, Matt Bartolini, Head of SPDR Americas Research at State Street Global Advisors, explains how the first six months of 2024 is setting the stage for an ETF growth spurt that shows no signs of slowing.

Investors and ETF issuers are operating in harmony in three categories, including active management, fixed income and relative low-cost within subcategories to drive assets into exchange-traded funds and away from mutual funds.

In the month of June, 80% of all assets went to the lowest cost ETFs.

This year through June, active ETFs took in $123 billion, or about 32% of all inflows, despite representing less than 8% of all ETF assets.

And the fixed-income ETF story continues to be a head-scratcher with investors and financial advisors trying to navigate Fed policy with new duration plays into a category that has been underperforming.