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Balchuna on `Seachange' From High- to Low-Cost Products (Audio)
(Bloomberg) -- Bloomberg Intelligence analyst Eric Balchunas says a 'seachange' is underway from high cost investments, to low cost investments, such as ETFs. Balchunas discuses the flows that illustrate this trend. Bloomberg's Catherine Cowdery reports on exchange-traded funds.
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By Bloomberg News(Bloomberg) -- Bloomberg Intelligence analyst Eric Balchunas says a 'seachange' is underway from high cost investments, to low cost investments, such as ETFs. Balchunas discuses the flows that illustrate this trend. Bloomberg's Catherine Cowdery reports on exchange-traded funds.