Here are 3 topics covered in the report and much more:
- Investors continue to prioritize passive investments, with passive ETFs reporting the largest share of net inflows, while active mutual funds saw their fourth consecutive quarter of net outflows
- Net flows into passive products, predominately US equities, reached their highest level since 2021, while active products, excluding money market funds, have continued to see net outflows
- While M&A activity picked up slightly relative to last year, it remains substantially below the levels seen in 2018-2021