I definitely saw it on active.
I think these environments are perfect For active funds to take advantage of
some of the underlying themes that we're Seeing in in markets at the moment.
We are laser focused on active Management.
That's our core competency. That's what we do at Morgan Stanley
Investment Management. And so as you look around the corner,
you could imagine a lot more in the way Of fully transparent, active ETF.
The way that passive funds are being Used now know once upon a time, passive
just met by involved. But just as we've seen when we talk
about traders using spy or traders using J and K, what we're seeing is people
using passive product to express a very Active.
We do view. People want to be an alternative asset
classes alongside the long run, the Equity mutual funds and fixed income
funds which they have been doing. Mutual funds plus ETF is 31 trillion.
There are tens of trillions of dollars Invested in active mutual funds.
Investors like active like this is a big Part of it.
