Active Managers Snag Market Share From Passive Funds

By: ETFdb
Taking a look at the shares outstanding shows that passive management fund ownership in the U.S. markets have fallen from 21.3% last year to 20.1% this year, reported Bloomberg . Strategists at Jefferies have been tracking market shares for six years, and this is the first time that there has been a decline in passive ownership within stock markets.
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