Renewed Fear About Growth Fuels Record Fixed-Income ETF Inflows: Pimco's Braun

The video discusses the dynamics between active and passive investing, focusing on the rise of fixed income ETFs, particularly those managed by PIMCO. It highlights the significance of fixed income in volatile markets and the growing preference for active management. The discussion also covers the flaws in passive indices, the role of smart beta strategies, and the importance of diversification in bond portfolios.

What are the main differences between active and passive investing as discussed in the text?

How did PIMCO's early entry into the ETF market benefit the company?

What factors contributed to the increased inflows into fixed income ETFs compared to equities?

Why does the speaker believe that the move into passive fixed income has been largely inadvertent?

What are the implications of the statement that indices are flawed and how does it affect investment strategies?

Discuss the importance of diversification in bond portfolios as mentioned in the text.

What is the speaker's perspective on the future of benchmarks used for measuring bond managers?