Surviving the global crisis

  The last two years have been a white-knuckle ride for every type of investor as the biggest crisis since World War II ripped through the financial system. Not only did financial markets plunge but volatility reached record highs. For those who work in the financial markets, the biggest ongoing headache is that investors often become like bunny rabbits stunned by a bright light: simply too afraid to do anything at all. Then trading volumes tumble and commission income dries up. In the ETF universe, however, investor activity has continued. The pace of growth has slowed over the la...