According to @EricBalchunas, despite industry outflows, rising markets and select bright spots are supporting mutual funds, source: @EricBalchunas on X, Jan 8, 2026. He highlighted a 2026 Mutual Fund Outlook webinar on Jan 20 at 10am ET that will cover the pace of ETF share-class adoption, potential consolidation among firms, and the rise of semi-liquid funds, source: @EricBalchunas and @DavidCohne posts on X and the bloomberg.zoom.us webinar registration page. Traders can attend the Jan 20 session to gather actionable detail on these structural themes shaping fund products and flows in 2026, source: bloomberg.zoom.us webinar registration page shared by @EricBalchunas on X, Jan 8, 2026.