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Business Insider
10 minutes ago
- Health
- Business Insider
The 8 best shoes for standing all day on concrete, slick floors, and other surfaces that cause achy feet
Best overall: Brooks Ghost 16 They have every feature our podiatrists want to see. Brooks' Ghost 16 sneakers have everything podiatrists say is ideal for the best shoes for standing all day: lightweight cushioning, heel stability, a rigid sole, and a breathable mesh upper. Its insoles are removable if you need to add more arch support. Importantly, they lace up. Priya Parthasarathy, DPM, Maryland-based podiatric surgeon with Foot Ankle Specialists of the Mid-Atlantic, says lace-up shoes offer better support for standing all day compared to slip-ons. They're comfortably cushioned, but firm enough for long shifts. Our chef tester wore these shoes over a dozen 10-hour kitchen shifts, and during long travel days. Its DNA Loft v3 foam footbeds felt lightweight and slightly springy, but also firm enough to prevent joints from feeling fatigued eight hours into a shift. He raved about how much support they offer for the knees and lower back. They're breathable, even in the waterproof version. Breathability is a key feature Dr. Oldani recommends for standing-all-day shoes. Heat and sweat puts you at and a greater risk for blisters, infections, or slipping around inside your shoe. Our tester wore the waterproof Ghost 16 GTX sneakers during messy restaurant shifts and in drizzly weather. Their well-designed Gore-Tex membranes were effective at keeping his feet dry amid spills and splashes. Best budget: Sorel Caribou Clogs They're surprisingly comfy and incredibly lightweight. Over the past three years, I've worn these clogs for long travel days, running errands, concerts, and standing for over five hours during volunteer shifts. Despite being only $60, the Sorel Caribou Clogs are remarkably supportive and easy to wear. They're made with injection-molded EVA in every part of the shoe, and the material is firm but structured — enough to keep my high-arched feet from aching after long days. They're waterproof with a grippy outsole. These clogs are my go-to shoes in the cold (aside from when I'm tromping through snow banks in winter boots) because they seal out moisture and are made with Sorel's Evertread, a high-traction rubber that delivers reliable grip on slippery surfaces. I wouldn't classify them as completely "non-slip," but they are definitely grabby enough for nurses who may need stability on slick hospital floors. They're stylish. The nearly 2-inch platform on these clogs gives you a height boost and, while they are basically a huge block of rubber color, I get compliments on these clogs all the time when I wear them — to the point that I've had multiple people stop to ask what they are and say they're going to go buy them after I sing all of the above praises. There's even a luxury leather version designed by Proenza Schouler, though the collab is widely sold out. They're not great in the heat. The one downside to these shoes is that they aren't breathable. Being clogs, they're very easy to slip your feet in and out of to catch a little air, but they do build up heat during humid summers to the point where I don't wear them from May to September. Best non-slip: Crocs On the Clock Work Sneaker They're made for spills and easy to clean. Our chef tester wore these on multiple 10+ hour standing kitchen shifts — including one at a very messy oyster station — and only had good things to report. These sneakers, which are part of the Crocs At Work collection, have a synthetic Nubuck overlay that's good at preventing spills from seeping inside, and it's very easy to wipe clean. They're actually slip-resistant. Testing confirms: The Crocs Lock outsole is reliable at preventing a wipe out on slick kitchen floors. They're comfortable and breathable. These sneakers are built with Croc's premium LiteRide footbed, which is why they're beloved among cooks, nurses, and other professionals who are on their feet all day. Our tester reported that his feet felt well-supported and free of aches after long shifts on hard kitchen floors. The lace-up sneakers are ideal for most restaurant workers who need ankle security as they pivot during busy shifts. Our tester also appreciated how breathable the upper material of these sneakers are, especially with their waterproofing overlay. They're well-priced. I hear so many cooks complain about how the expensive, orthopedic non-slip shoes may be worth the price once, but with the stink and stains that come with months of service, they need cheaper shoes that can be easily replaced once they're trashed. The Crocs On the Clock Work Sneaker is easy to clean and rewear for longer, and at $70, they aren't too painful to replace when the time comes. They're polished enough for front-of-house service. We decided to rank these sneakers just above the Crocs Bistro Work Clogs (which are worth an honorable mention) because they offer a more clean, understated look for servers and bartenders. Best cushioning: Asics GEL-Nimbus 27 They have pillow-soft cushioning, yet with a more rigid structure. As someone whose knees become strained from hours of standing, I found the GEL-Nimbus 27s more nurturing than something like the Brooks Ghost 16s. That said, the GEL-Nimbus 27 have a firmer midsole (which helps to keep your foot from sliding around), and are rigid enough that they can't fold in half. They don't get squishy after a few hours of wear. High-cushion shoes aren't always ideal for standing all day because the foam compresses over time, creating a sinking or muddy feeling. But the joint relief is worth it for some, and after testing the Asics GEL-Nimbus 27s for 100+ cumulative hours across international travel days, I can confirm this is a high-cushion sneaker that maintains its structure. They're highly breathable, even in the heat. The jacquard mesh upper is both roomy and breathable, with plush sock liners that feel soft around the ankles. The ventilation and expandable space made these sneakers comfortable and cool after they'd been on my feet for 20+ hours on a long summer travel day to Copenhagen. Best for walking: On Cloudtilt Their soft-but-rigid cushioning stays springy after standing all day. I've tested a lot of different walking shoes, and the On Cloudtilts strikes a perfect balance between cushioned and supportive. On's signature technology, CloudTec, builds the midsole out of firm foam cutouts, or "clouds," to provide structured support. These clouds are organized in a sequential collapse pattern, so they compress gradually in away that offers just the right amount of give. This allows for better balance and disperses the impact of walking all day, thereby reducing fatigue in your legs. The uppers feel super stretchy and breathable. The Cloudtilts use a knit upper made from 100% recycled polyester that feels more elastic and forgiving — especially if your feet tend to swell. It hugs your foot like a sock without trapping heat. One downside: The sock-like upper means you lose some structure and lateral stability, so it's not ideal if you pivot a lot on the job. The secure laces are easy to slip on and off. Dr. Parthasarathy says she finds lace up shoes are more supportive for standing and walking all day compared to one-size-fits-all slip ons. That said, sometimes you want a shoe that slips on and off easily. I love that this lace system lets you tighten across the top of the foot as needed, but has enough stretch and a simple stopper knot so you can slip them off without having to untie and re-tie every time. Best for working outdoors: Wolverine Overpass CarbonMax 6" Boot They're proper work boots — durable, weather-ready, and grippy. Wolverine has been making work gear since the early 1900s, with a long-standing reputation for quality and durability. While my husband has torn through other boots within half a landscaping or construction season, this pair showed no wear-and-tear (besides dirt stains) after two and a half months of heavy use. These boots are made with premium waterproof leather, an abrasion-resistant toe, and a ContourWelt construction that feels both flexible and secure. They have a composite safety toe. Wolverine's Overpass CarbonMax boots are made with a composite safety toe made from lightweight carbon fiber. This meets the ASTM standards for impact and compression, and feels more lightweight than steel-toed boots. Unlike steel, it also won't conduct heat or cold, making it a better choice for extreme weather. It's also thinner than traditional steel toes, giving your toes more wiggle room without sacrificing protection. They're comfortable for standing on soil or concrete. These boots required zero break in time and were comfortable for an all-day shift right out the shock-absorbing midsoles and removable Ortholite footbeds minimized foot fatigue, even after standing on concrete or uneven ground for 8+ hours. They also have a slight lift in the heel to take the pressure off your foot tendons. They're lightweight and breathable. Despite being incredibly durable and having that protective composite toe, these boots weigh just 1.63 pounds. And even though they're waterproof, they're still quite breathable thanks to a moisture-wicking mesh liner. They're backed by a 30-day comfort guarantee. Wolverine offers a 30-day money-back guarantee if you don't find these boots comfortable once you've worn them on the job. Best sandal: Fitflop RELIEFF Recovery Toe-Post Sandals These combine the ease of flip flops with orthotic-level support. These look like your average poolside flip-flops, but they're secretly built like a recovery shoe. They combine a firm, supportive sole with a plush recovery foam footbed that absorbs shock and relieves pressure at key points like your heel, arch, and ball of the foot. The wide toe box also lets your foot spread naturally, and the slight 1-inch heel takes pressure off your plantar fascia — a feature recommended by our podiatrists. I've worn the Fitflop RELIEFF Recovery Sandals for over 8+ hours walking and standing in museums and shops around Spain, as well as over four straight days out and about in New York City, and my feet felt as comfortable as if I were wearing sneakers. They're surprisingly stylish for orthotics. With their slight heels and regular-width straps, these flip flops blend in perfectly with a casual summer outfit without screaming "sensible footwear." They do rub a little in the humidity. I don't think this is a deal breaker because no blisters formed, and they felt fine when I wore them for shorter stints in drier West Coast climates. But after two days of standing on subways, in line at museums, and walking around a humid late-June New York, the straps caused some friction between my toes and outer edge of my foot. I wore preventative Band-Aids, which fixed the issue. Best clogs: Dansko Platform Pro Their legendary support earns them podiatrists' praise. There's a reason "Dansko" is pretty much synonymous with "supportive clogs": The brand's shoes are built with a footbed like no other — contoured specifically to reduce strain on the feet, ankles, and lower leg and made with memory foam to learn your foot's curves the more you wear them. I wore the Platform Pro clogs during six-plus hours of standing at an outdoor concert, as well as many all-day stints at my standing desk. They offer me incredible arch support and strategic cushioning on certain areas where I want it most, like the ball of the foot. The heel counter is very firm, and there's a slight 0.5-inch heel-drop wedge — two features podiatrists recommend for lessening foot fatigue. They're slip-resistant. Designed with an outsole that grips on wet, dry, and oily surfaces, the Platform Pro is ideal for kitchens, hospitals, or anywhere with slick floors. The chrome-free, breathable lining keeps your feet from overheating through long shifts. The leather is super versatile and ages well. I particularly love how chic and versatile the leather Platform Pros are over any other Danskos. They pair nicely with jeans or slacks, so they're great for any dress code. They're not too clunky — though they're a bit loud, and not the most lightweight. The platform on these clogs gives them a bit of an elevated look, but they're also designed with Dansko's signature rocker sole to promote natural movement as you walk. This helps to minimize the clunkiness. That said, they aren't quite as lightweight as, say, the Sorel Caribou Clogs. They're also a little noisy to clomp around in on hardwood or concrete floors, so if you work in a quiet office, these might not be the best pick. Other shoes we tested Honorable mention: Crocs Bistro Work Clogs Many cooks and chefs prefer shoes that slip off easily in case of hot liquid spills. The Crocs Bistro Work Clogs do just that — and kept our kitchen tester's feet supported on countless 10+ hour shifts — while still offering Crocs Lock slip-resistant tread, toe protection, and a heel strap to keep your foot secure as you move around the kitchen. Dansko Bridget: With a double strap to hold your toes in place and Dansko's supportive contoured footbed, we found these sandals to be supportive. However, the heel cup was very narrow. Hey Dude Wally Work CE Classic Slip Resistant: These non-slip shoes are lightweight, have removable insoles, and are overall pretty comfortable, but they aren't breathable enough. : While we like the sleek and versatile aesthetic of these double-strap FitFlop sandals, they didn't provide enough arch support after three hours of standing. Consider them only if you have flat feet. Hoka Gaviota 5: While these are our favorite walking shoes for arch support, the Gaviota (and most Hokas, for that matter) aren't rigid enough to off-set the high cushioning. They started to feel too squishy after a few hours of standing in them. Nike Motiva: With a breathable upper, wide toe box, and balanced cushioning, the Nike Motivas proved to be comfortable for hours on your feet — though not quite as supportive as the Brooks Ghost 16s or Asics Gel Nimbus 27s. Oofos OOmy Zen: A slide-on, high-cushion sneaker from a great recovery footwear brand, these shoes are very comfortable for walking all day. They run a full size small and may be a little too cumbersome for some people, but if you're not a fan of the Asics Gel Nimbus 27s, these are a solid high-cushion alternative. : These lightweight boots are made with the same top-tier durability, composite toe, and high-traction outsoles as the Wolverine Overpass boots, and come with a cushioned, energy-returning footbed. They just take a little longer to break in. What to look for in the best shoes for standing all day "Wearing high-quality, comfortable footwear for standing all day lowers your risk of injury and other foot issues, such as plantar fasciitis or neuromas," says Dr. Parthasarathy. Conversely, choosing unsupportive footwear can create inflammatory conditions that may take months to resolve, Dr. Oldani adds. Here's what both experts recommend: A shoe that matches your activity. If you're walking a lot during your shift, you'll want something with more ankle support than clogs. If you're working construction, you need a boot durable enough to withstand flying debris. Cushioning. This is crucial to increasing shock absorption and reducing stress on your ankles. Rigidity. When you hold the shoe by heel and toe, you shouldn't be able to fold it in half. Supportive heel counter. A solid heel counter cradles your Achilles tendon and prevents you from excessively rolling your feet inward as you step (also called "overpronation"). Breathability. When you're in an active profession, even air flow prevents overheating. A slight wedge. A slight lift in the heel (half an inch, ideally) takes pressure off your Achilles and plantar fascia. Removable insoles. Ideally, you can place a custom orthotic in your shoe as needed. Secure straps. Some people find a lace-up shoe provides better support for standing all day because it keeps your foot in for sandals, look for styles with adjustable ankle straps, including one over the toes for better stabilization. FAQs What are the best shoes for standing all day? After testing 22 pairs of shoes, we think the Brooks Ghost 16s are the best shoe for most people who spend hours on their feet. They're cushioned to absorb shock, but rigid enough to not fold in half, with a firm and supportive heel counter. Are flat shoes good for standing all day? No, flat shoes aren't ideal. You actually want a shoe with a slight 0.5-inch heel, as this helps take strain off your foot tendons, and one with a supportive footbed, Dr. Priya Parthasarathy says. Are HOKAs good shoes for standing all day? It depends on which model, but for the most part, HOKAs are too flexible to be supportive over hours of standing. If you want a similar high-cushion shoe with a more rigid midsole for better support, opt for the Asics Gel Nimbus 27s. What should I do if my feet hurt after a long day of standing? If your feet hurt after standing all day, Dr. Priya Parthasarathy recommends rotating your shoes to provide different levels of cushion and support, stretching during and after your shift, and icing to reduce inflammation. She adds that wearing compression socks may also help.
Buzz Feed
a day ago
- Lifestyle
- Buzz Feed
17 Sandals That'll Have You Embracing The Heat
A pair of classic Arizona Birkenstock sandals, because there's a reason they're basically world-renowned for their comfort. With cushioned pads that contour to the shape of your feet, these sandals are perfect for any outdoor activities or excursions. Sorel Kinetic sandals that pair the sporty fashion and comfort of sneakers with the breathability of sandals. With the combination of a sturdy rubber sole made for traction and the comfort of open-toed sandals, you'll find yourself wearing them all day, every day! Crocs platform flip-flops because absolutely everyone will love these the second they see you sporting them on your next beach vacation. They're comfortable, give you a little height, AND allow you to attach Jibbitz! Dr. Martens gladiator slides for the days you want that ✨punk vibe✨ but don't feel like sweating in your favorite pair of clunky leather combat boots. With an ankle wrap that you can style however you want (by bringing the laces up high on your shin or keeping them low around your ankle), these sandals are incredibly comfortable and durable. Crocs wedges if you've always wished that you could pair the comfort of regular Crocs with the fashion of platform sandals. With a raised insole, these shoes were made to provide added support and stability, making it possible to wear them around all day without discomfort. Toms Majorca heeled sandals for the perfect addition to just about any outfit. Wearing them with jeans?? Super cute! Pairing them with a dress? Fabulous! The chunky heel will give you that little height boost you adore without sacrificing your need for comfort. A pair of chunky heels with braided detailing to bring a pop of color to your outfit of the day, without that pesky break-in period ruining your mood. They can be dressed up or down, and with the small block heel, they're absolutely perfect for that Sunday brunch you've been planning all week! A pair of Cushionaire strappy sandals if you want that Birkenstock feel but without that higher ticket price. They're incredibly flexible, so they're comfortable to wear for long walks across the beach or through the outlet mall. Plus, they have over 75,000 ratings on Amazon, and reviewers swear by them! Skechers sandal wedges because who doesn't want the comfort of sneakers meshed with the aesthetics of cute wedges? With three stretchy straps to make them easy to put on and take off, these sandals are incredibly versatile and can be worn with basically any outfit your heart desires. Braided hiking sandals with a rubber insole for the perfect addition to your vacation packing list. They're not only cute, but absolutely perfect for any water-based activity you might find yourself partaking in. They can protect your feet from those jagged rocks and help stop you from slipping on those surprisingly slippery boulders you were hopping across. Or, if braided straps aren't your style, a pair of hiking sandals designed with arch support to help relieve some pressure on your joints and make long-distance walking as easy as can be. With adjustable straps to provide a customizable fit, these water-resistant sandals are a great pair to carry along with you for those coastal excursions on your next vacation. Elastic strap sandals because they're super affordable and ridiculously cute. These puppies have straps that hug your feet and a cushioned insole, so they're a great pair to own when that heat starts to creep up, and you find yourself needing a comfortable pair of sandals for daily life. A pair of boho wedges with pearls draped across the top because your feet deserve some accessorizing and bling. With gorgeous color options and adorable beading, these wedges not only give you a few inches in height but reviewers say they're incredibly comfortable, too! Or some flat bohemian-style sandals if the most important part of your outfit is your shoes. They're gorgeous, super comfy, and they're super versatile. These are gonna be your go-to shoes literally all summer long. ☀️ Bow knot slides you can quickly slip on when you're taking a quick trip to the grocery store or the local pool. Now, all you need is the perfect sundress to pair this with. Flat slides with golden buckles perfect for your beach trip this summer — literally any swimsuit will be instantly elevated with these chic sandals. Strapped heel sandals that are so versatile, they're sure to match every cute outfit you've curated for your Hot Girl Summer. 💅
Hamilton Spectator
16-07-2025
- Business
- Hamilton Spectator
Donald Mugford Shoes closes after 60 years in St. Thomas
Donald Mugford Shoes is closing its signature store, at 429 Talbot Street, St. Thomas, at the end of August. After 60 years selling fine shoes and clothing, the family has decided to retire the trademark and sell the building. Founded by Donald and Merle Mugford – and supported through the years by their offspring Murray, Jodi and Patti – the family's business boomed in the 1980s and expanded to eight stores. The popular Donald Mugford Shoes store at Westmount Shopping Centre, in London, closed in May after 56 years, and another in Tillsonburg also closed recently after 26 years. Family patriarch Donald, who died eight years ago at the age of 81, was known as a fashion aficionado, designing his own line of shoes, and demonstrating a keen eye for European tastes. The family's commitment to quality products and customer service, according to Merle, attracted people from as far away as Windsor and Toronto, as Donald and Merle travelled to trade shows in Italy, Germany and Las Vegas to buy the latest fashions. '60 years is a long time,' Merle said in a recent interview. She has served as accountant and adviser throughout the business' history, and refuses to disclose her age. 'How much more can you carry on? 'After 60 years, you have to make a decision,' added Merle. 'Do you carry on, or what do you do, so the girls made the decision.' Patti, who studied in the U.S. to become a certified pedorthist, to fit shoes and custom orthotics for people with foot, leg and back pain, added: 'It's run its course. We're tired. We have nobody to take it over. It's time for retirement.' 429 Talbot Street was built in 1910 and was occupied by Frederick Sutherland Shoes until the Mugfords entered the picture. Nine years ago, the family also acquired the neighbouring Shaw's Bakery and Ted's smoke shop to accommodate expansion. Merle said acquisition of the business in 1965 'was probably a fluke.' Donald was a top salesman at the time for Kaufman Footwear, of Kitchener (known for its Sorel brand), and was transferred from Vancouver to London. Coincidentally, the owner of Sutherland Shoes in St. Thomas died, and through some business associates, Donald wound up taking the mortgage for the Sutherland shop. He and Merle already had two children at the time, as well as a mortgage on property they owned in Winnipeg, and Donald had to curtail a promising career at Kaufman's to resuscitate the Sutherland business. 'We were young,' said Merle. 'It didn't really matter as long as we were getting ahead. 'Business was booming then,' Merle recalls. 'There were 14 shoe stores in St. Thomas when we opened in 1965. At that stage of the game, there were a lot of shoe stores across Canada, and all over the world. The shoe business was big business. There were a lot of big stores, and they were all basically independents. 'After the kids got older, we did a lot of European travelling,' she added. 'The Europeans were always one year ahead of the Canadian market.' The shoe store was a home away from home for the children. 'We were always in the store, probably since I was 11 years old, answering telephones on Saturdays, and we always came up here after school,' said Patti. 'This area, this part of Talbot, had always been the hub of St. Thomas,' she added. 'The secret sauce was dad. He was a terrific salesman. Everybody loved him and everybody was coming here from London.' Merle recalled: 'It was a real fashion era. When you stop and think about going back into the '70s and '80s, fashion was a big thing. That's when business really boomed.' People even seemed happier and more optimistic then, she added. However, Patti said the fashion industry has consolidated in the last 10 years. 'The independents are dying. I think there will be a lull for a couple of years and then I think the new people will start coming in, but right now, for the young people, it's simply too much work.' Merle lamented the changes in the fashion industry but refused to blame them or online shopping for the closure of Donald Mugford Shoes. 'The retail market is dying, so who do you blame,' Merle continued. 'This was a very active, prime block. Everything was here. 'Over a period of time, (the previous property owners on the street) were older than we were and of course closed,' added Merle. 'Then in came the hairdressers, in came the tattoo places, and all of a sudden, the whole block was finished. 'Retail in this block was gone,' she added. 'It hasn't happened overnight, it happened in the last 10 to 15 years.' She and her daughter agree that online shopping contributed to the decline in traditional retail sales channels. '100 percent, online shopping is definitely affecting retail,' said Patti. 'COVID started it. 'I can't even tell you how many stores closed after that,' she explained. 'If COVID didn't kill you, then the government funding killed you because either you didn't get it and you couldn't survive, or you got it and you couldn't pay it back, or you got it and you were paying it back. There are a lot of people out there who are still paying it back.' Merle said Donald Mugford Shoes was known as a 'fitting store,' offering wide varieties of styles, sizes and widths for men and women. Mugford sold hand-crafted San Antonio Shoemakers (SAS) products for decades. 'That alone was a big draw,' she said. 'Things definitely became more casual,' said Patti. 'Since COVID the dress shoe business has died. 'Our sales reps started showing up in jeans and t-shirts and my dad used to just go crazy,' she added. 'For him, it was always a shirt and a tie if you were in business. 'It's amazing what the shot did for us, but what COVID did to our lifestyles, what it did to our economy, how people look at themselves, how people feel about themselves, we don't think about how it actually impacted our life.' Error! Sorry, there was an error processing your request. There was a problem with the recaptcha. Please try again. You may unsubscribe at any time. By signing up, you agree to our terms of use and privacy policy . This site is protected by reCAPTCHA and the Google privacy policy and terms of service apply. Want more of the latest from us? Sign up for more at our newsletter page .
Business Times
08-07-2025
- Business
- Business Times
Amundi expects retail investors to drive ‘massive' ETF growth in Asia and Europe
[PARIS] Inflows into exchange-traded funds (ETFs) are expected to 'accelerate massively' in Asia and Europe, thanks to a rising trend of younger investors who invest and trade regularly, particularly on digital platforms, said Benoit Sorel, Amundi's global head of ETFs and smart beta business. 'My personal belief is that ETF growth is at an inflection point which is accelerating more than decelerating. I have very high ambitions… And with the element of deglobalisation, there is value in being a European asset manager.' He was speaking to journalists on the sidelines of Amundi's World Investment Forum in Paris last month. Amundi last year achieved record assets under management (AUM) of about 2.2 trillion euros (S$3.4 trillion), up 10 per cent from 2023. Based on results for 2024, inflows were strong due to ETFs and Asia segments. Its ETF assets rose 30 per cent to 268 billion euros in that period, driven by record net inflows of more than 27.8 billion euros, including 10.5 billion euros in the fourth quarter alone. Sorel said rapid and 'massive' adoption of ETFs by retail investors marks a turning point for the vehicle. 'My 'guesstimate' is retail adoption is between 20 per cent and 30 per cent of flows in Europe. This was a non-existent segment five years ago.' BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up He added: 'More and more, we're seeing a new generation of investors come into the market. And I think this will happen even faster in Asia, with all the digital platforms and online brokers developing massively (there).' Rapid wealth creation in the region is also a tailwind for ETFs, as is the urgent need for retirement savings. Fannie Wurtz, Amundi's Asia chair, said wealth represents a 'US$100 trillion opportunity', and wealth levels in Asia are rising at a more rapid clip than elsewhere. 'Digital is already here. A third of savings in Asia is done through digital channels, and will continue to grow… ETF as a listed instrument is digitally compatible, and digital acceleration will help market access.' Retirement solutions On the retirement savings gap, she said: 'In Asia, we see more regulation to help the adoption of instruments to ensure the right retirement solutions, given the gaps. If we look worldwide, the proportion of people aged 65 and above is 10 per cent today; it will be 20 to 25 per cent by 2050. There will be massive savings needs.' Sorel said observers had argued that the strong take-up of ETFs last year was because the vehicle offered a convenient and easy way to participate in the US bull market. But strong inflows in Europe have continued this year despite unease over tariffs and economic growth. 'This year, we're under way to the best year ever, with 60 per cent more assets than last year. We really see this inflection as one with exponential growth... Ten years ago, ETFs were used for niche exposure. Now, ETFs and indexing are core, and even used as an active tactical bet. If you take the second week of April when markets were extremely volatile, having the right vehicle to place your order midday is really changing the game,' he said. Among Asian institutional investors, demand for ETFs which are domiciled in Europe and set up as Undertakings for the Collective Investment of Transferable Securities (Ucits) funds is also rising, he said. Compared to a US-domiciled fund, Ucits funds offer non-US investors tax advantages, including a lower withholding tax on dividends as well as tax-free income from bonds. In addition, they are not subject to American estate tax. Sorel said expansion in Asia is a priority for Amundi, likely through a direct business or joint ventures. The asset manager's AUM in Asia rose 17 per cent year on year to 469 billion euros in 2024, thanks to inflows of more than 28 billion euros. Amundi has partnered Standard Chartered Bank, which launched the CIO Signature Funds in 11 countries in Asia, the Middle East and Africa. AUM in the funds reached two billion euros last year. The funds comprise multi-asset and ETF portfolios reflecting the views of the bank's chief investment office. Amundi is also innovating to ensure its ETFs are front-of-mind for asset allocators and savers. It has, for instance, rolled out a mega-cap ETF tracking the MSCI USA Mega Cap Select Index. It has also launched an ex-mega cap USA ETF, replicating the MSCI Index of the same name, and rolled out an equal-weight S&P 500 ETF. For retirement savers in Europe, it launched multi-asset life-cycle ETFs which progressively reduce equities exposure in favour of fixed income over the long term, with a low management fee of 0.18 per cent. Deglobalisation an opportunity Sorel believes deglobalisation is an opportunity for Amundi to differentiate itself through its climate commitments, in comparison with US managers which have retreated from climate as well as environmental, social and governance investing. 'In my trip to Asia, I was surprised to find that climate is a key concern. US asset managers are not engaging in climate anymore, but it's still central to what we do,' he said. Global ETF assets rose by a record 27 per cent to reach US$14.6 trillion as at end-December 2024. A PwC survey of ETF managers and service providers found that two-thirds of respondents expect AUM in global ETFs to reach US$26 trillion by 2029, suggesting a compound annual growth rate (CAGR) of 15 per cent over the next five years. But a third of respondents were even more optimistic; they expect the AUM to more than double to US$30 trillion by 2029, a CAGR of more than 18.4 per cent. 'Alongside ETFs' trademark liquidity, transparency and affordability, the ever-increasing choice and popularity of ETF products mean that fund allocations to ETFs will continue to grow,' said PwC. The firm also said that one of the biggest drivers is the 'great wealth transfer' of some US$68 trillion from baby boomers to younger generations over the next decade. 'The popularity of ETFs among young people means that ETF managers are well-positioned to capture a sizeable share of this unfolding market. But the resulting lowering of the average age of ETF investors is accelerating a generational shift in expectations, as ETF managers compete for customers who've become accustomed to high levels of tech-enabled engagement, experience and personalisation.'
Buzz Feed
28-06-2025
- Lifestyle
- Buzz Feed
23 Comfy Shoes For All Your Summer Plans
A pair of classic Arizona Birkenstock sandals, because there's a reason they're basically world-renowned for their comfort. With cushioned pads that contour to the shape of your feet, these sandals are perfect for any outdoor activities or excursions. Sorel Kinetic sandals that pair the sporty fashion and comfort of sneakers with the breathability of sandals. With the combination of a sturdy rubber sole made for traction and the comfort of open-toed sandals, you'll find yourself wearing them all day, every day! Crocs platform flip-flops because absolutely everyone will love these the second they see you sporting them on your next beach vacation. They're comfortable, give you a little height, AND allow you to attach Jibbitz! Dr. Martens gladiator slides for the days you want that ✨punk vibe✨ but don't feel like sweating in your favorite pair of clunky leather combat boots. With an ankle wrap that you can style however you want (by bringing the laces up high on your shin or keeping them low around your ankle), these sandals are incredibly comfortable and durable! Crocs wedges if you've always wished that you could pair the comfort of regular Crocs with the fashion of platform sandals. With a raised insole, these shoes were made to provide added support and stability, making it possible to wear them around all day without discomfort. Toms Majorca heeled sandals for the perfect addition to just about any outfit. Wearing them with jeans?? Super cute! Pairing them with a dress? Fabulous! The chunky heel will give you that little height boost you adore without sacrificing your need for comfort. A pair of chunky heels with braided detailing to bring a pop of color to your outfit of the day, without that pesky break-in period ruining your mood. They can be dressed up or down, and with the small block heel, they're absolutely perfect for that Sunday brunch you've been planning all week! Franco Sarto loafers because some shoes just never go out of style. With built-in padding and a lightweight design, this pair is perfect for the office. Business casual meets effortlessly cool with these comfy loafers! A pair of Cushionaire strappy sandals if you want that Birkenstock feel but without that higher ticket price. They're incredibly flexible, so they're comfortable to wear for long walks across the beach or through the outlet mall. Plus, they have over 75,000 ratings on Amazon, and reviewers swear by them! Some ballet flats because you've always strived to one day reach that effortless Jess Day aesthetic. Reviewers swear there's no break-in period required, so you can wear this cutesy-meets-classy pair with no pain! A pair of tennis shoes for those of you who like your shoes to be a bright reflection of your personality. Just slip these on and get ready to run — these shoes were basically crafted for your athletic-loving heart. Skechers sandal wedges because who doesn't want the comfort of sneakers meshed with the aesthetics of cute wedges? With three stretchy straps to make them easy to put on and take off, these sandals are incredibly versatile and can be worn with basically any outfit your heart desires. Braided hiking sandals with a rubber insole for the perfect addition to your vacation packing list. They're not only cute, but absolutely perfect for any water-based activity you might find yourself partaking in. They can protect your feet from those jagged rocks and help stop you from slipping on those surprisingly slippery boulders you were hopping across. Or, if braided straps aren't your style, a pair of hiking sandals designed with arch support to help relieve some pressure on your joints and make long-distance walking as easy as can be. With adjustable straps to provide a customizable fit, these water-resistant sandals are a great pair to carry along with you for those coastal excursions on your next vacation. Elastic strap sandals because they're super affordable and ridiculously cute. These puppies have straps that hug your feet and a cushioned insole, so they're a great pair to own when that heat starts to creep up, and you find yourself needing a comfortable pair of sandals for daily life. Some high-top sneakers if you really like Chucks All Stars, but you wish they were a bit more affordable and came in a waterproof material. These sneakers are ridiculously comfortable and have an anti-slip rubber sole, so you don't need to worry about slipping in the puddle that you were too busy scrolling on your phone to notice. Plus, they come in a variety of vivid colors! A comfy pair of Fila platform sneakers because your Gen Z cousin has been clowning you over not owning a pair of classic white sneakers for the last six months. These sneakers have made an ultimate comeback since their last heyday back in the '90s — because they literally match everything! Sneakers are not just for the sporty anymore; you can pair these with leggings or dresses! A pair of boho wedges with pearls draped across the top because your feet deserve some accessorizing and bling. With gorgeous color options and adorable beading, these wedges not only give you a few inches in height but reviewers say they're incredibly comfortable, too! A pair of Adidas Cloudform running sneakers that many reviewers have basically sworn are the comfiest sneakers they've ever owned. They're flexible, breathable, and cushioned — literally everything you could want in a pair of sneakers. You will find yourself wearing these to work, the city, and just about anywhere else you can because they're almost too comfortable not to take advantage of! Toms slip-ons because they're known as classics for a reason — and no, it's not JUST because of how effortlessly cute and versatile they can be. They're durable, they're flexible, and seriously, with so many color options to choose from, they can basically match anything. Some low wedge flats for those of you who need a cute pair of shoes for a fun night out, but actually want to be able to feel your feet by the end of the night. With a supportive cushioned insole and a low heel, these bad boys are perfect to pair with your favorite jeans or best dress for a day out on the town. Ballet flats with oh-so-freakin' cute floral cutouts so your feet will be able to breathe without you having to resort to wearing your flip-flops. Reviewers swear there's no break-in period required, so you can wear this cutesy-meets-classy pair with no pain! Platform sneakers if you find yourself most comfortable with a bit of height but still crave the casual sneaker look. They've got durable, anti-slip soles and cushioned insoles — all while being incredibly stylish!
