ETF total market cap falls 9.9% in first half

With the bears stalking most markets you’ll often hear that falling markets expose ETFs and are for active managers. However, I tend to think that as market returns are hard to come by, the low cost of ETFs becomes even more attractive. And we’ve certainly seen Exchange Traded Funds evolve into different styles and themes that you can select for different market cycles. To talk about the state of the local ETF industry and some bearish ETF strategies for a pessimistic outlook, Michael Avery is joined by Mike Brown, MD and founder of ETFSA.co,za and Gareth Stobie, who is, the founder of Coreshares which recently merged with 10X.