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The ETF Era Is Going to Be Here for a While
Trillions
The Team of the 21st Century Horn
This year showed exactly that. I actually stunned at how much they both the launches and the flows in particular, some of $600 billion in flows. Mutual funds almost a trillion in outflows. So this shift to ETFs and passive has expedited in this kind of a brutal environment. It's definitely growing. It's the vehicle of the 21st century horn. We might have done this once before. This time on trillions, the 2023 outlook.
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