FYI: Regardless of whether you believe in the value of active
asset management, a new study of the global experience shows
that the growth of index funds tends to make active funds more
truly active and better performers.
Looking at data from 32 countries from 2002 to 2010, the study found that as index funds become more widespread, active
funds raise their game
Regards,
Ted
http://blogs.reuters.com/james-saft/2015/02/04/index-funds-and-avoiding-the-generics-paradox/
