Financial institution of America's Savita Subramanian on ETF investing amid volatility



The inventory market's latest excessive volatility has made it advantageous for traders to choose particular person equities, Financial institution of America strategist Savita Subramanian instructed CNBC on Wednesday. 

"That is an surroundings the place passive, ETF investing won't be probably the most prudent technique to make investments," Subramanian stated on "Quick Cash.

That is as a result of the market's sell-off in response to considerations across the coronavirus' financial affect has been wide-ranging, Subramanian stated. 

"This seems like simply derisking. Institutional and particular person traders simply shedding publicity to all shares," she stated. "And I feel these sorts of environments have a tendency to go away you with a terrific surroundings for inventory selecting." 

Subramanian stated she did not assume Wednesday was the day all shares bottomed and argued the market turbulence is more likely to worsen earlier than it will get higher. 

However she stated Financial institution of America's information is exhibiting that ETFs have, at the very least quickly, turn into much less well-liked as traders search to navigate the...



Supply cnbc.com



Source marketwatch.com