Dow Jones & Company: ‘The switch was flipped’: ETF flows pick up as stocks, bonds head for 2023 gains
From Dow Jones & Company:
The article discusses how both stocks and bonds are heading for gains in 2023 after a brutal 2022. ETF investors are showing exuberance in December and Maximize investments. ETFs from companies such as Vanguard, State Street, and BlackRock have all posted gains with ETF flows increasing. For 2024, it is anticipated that U.S. bonds have potential for gains and demand for active bond ETFs has also picked up. New ETFs being introduced including the Texas Capital Texas Small Cap Equity Index ETF TXSS and Texas Capital Texas Oil Index ETF OILT as well as the launch of the ProShares S&P 500 High Income ETF ISPY and four actively managed ETFs by PGIM Investments which has expanded investment opportunities for investors.
Original: ‘The switch was flipped’: ETF flows pick up as stocks, bonds head for 2023 gains