Mark Attanasio on the Rise of ETFs

The video discusses the impact of bank regulations on market dynamics, highlighting the reduced role of banks in making loans and the increased reliance on ETFs by institutional investors to manage market volatility. It emphasizes the need for portfolio managers to maintain their strategies amidst market fluctuations and explores the benefits of private transactions for higher yields. The discussion concludes with the assertion that adapting to these changes is the new norm in financial markets.

What strategies do portfolio managers need to adopt in the current market environment?

What does the speaker imply about the future of market conditions?