Change is inevitable. In modern society we're seeing changes in all areas at a rapid pace. Think your cellphone is up-to-date? Think again--it's probably already in the shadow of the next newest greatest thing.
The process of investing too has been affected by change. Morningstar recently shared their observations regarding recent trends in the invesment industry. They noted the following trends emerging that investors should be on the lookout for:
- Passive products continue to gain assets.
- New ways to hire--and pay for--financial advice.
- An increased emphasis on behvaioral factors that can affect investor outcomes.
As they explore the trends they discuss both the good and the potential downfalls of each trend.
You can find the full article here.