Emeritus Prof Christopher May on Nostr: In the last 2 years over $950bn has been shifted from 'actively managed' ...
In the last 2 years over $950bn has been shifted from 'actively managed' stock-picking funds & into passive funds, as few active funds actually manage to beat the aggregated indexes passive funds mimic/follow;
Look like investors are starting to realise that the only people really getting rich from actively managed funds are the managers themselves.
As a famous book title once had it: 'where are the clients' yachts?'
The financial services parasites have been found out.
#investment
h/t FT
Look like investors are starting to realise that the only people really getting rich from actively managed funds are the managers themselves.
As a famous book title once had it: 'where are the clients' yachts?'
The financial services parasites have been found out.
#investment
h/t FT