How is the Investor Landscape Shifting
February 12, 2025 10:02 AM
53:43 The concentration of the retail investor has grown in a market that often struggles with liquidity. How are the various demand components of the market shifting? How will the growth of SMAs and ETFs, as well as the dearth of crossover buyers, affect the public finance industry in 2025? What do investors want and how is the sell-side adapting to provide for it?