Our long-term, contrarian, fundamental value investment philosophy is at the core of everything we do. Since our Firm was founded, we have consistently provided differentiated investment products to our clients.
ETFs attracted $311 billion of cash inflows in 2018. While lower than the $471 billion record in 2017, it exceeds the prior record of $284 billion in 2016.
There is a certain price volatility that people accept with stock investing, an accepted tradeoff for the higher expected return.