Wall Street Loses Its "Mind". Indexed Funds Now Exceed Actively Managed

Funds that track broad U.S. equity indexes hit $4.27 trillion in assets as of Aug. 31, according to research firm Morningstar Inc., giving them more money than stock-picking rivals for the first-ever monthly reporting period. Funds that try to beat the market had $4.25 trillion as of that date.

 

 

 

 

 

 

https://www.wsj.com/articles/index-funds-are-the-new-kings-of-wall-street-11568799004?mod=hp_lead_pos5

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