Defense and Income On the Front Lines of Flows
January 14, 2022 at 16:09 PM EST
Markets have been off to a volatile start this year, with the Fed indicating a reduction in its balance sheet, the December inflation report coming in at a 7% increase year-over-year, and multiple interest rate increases being projected for the year. ETF flows halfway into January reflect the more defensive mentality that investors and advisors are taking, including a movement into actively managed funds.