The trend of mutual fund assets growing an average of 13% annually since 1965 hit a speed bump last year, with assets dropping 1.4%, according to the Investment Company Institute.
In the most recent Eaton Vance Advisor Top-Of-Mind Index study, more than half of advisors surveyed said their concerns over market volatility have increased in the past 12 months. So reports Yahoo! Finance.
Even though markets have been calm recently, the large equity selloff in the second half of 2015 and in the early portion of 2016 illustrates how quickly investor sentiment can sour.
FANGs stocks soared in 2015 with the group generating an 86% return compared to the measly 1.38% gain of the S&P 500 index.
Bill McNabb, who is the chief of ETF giant The Vanguard Group is warning the industry that the large number of ETFs being launched could create problems for investors. So reports ThinkAdvisor.
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