FYI: (Click On Article title At Top Of Google Search)
More investors are losing faith in old-school money managers as financial markets sputter.
Clients yanked $207.3 billion in 2015 from U.S.-based mutual funds that hand pick their positions while pouring $413.8 billion into funds that mimic broad indexes for a fraction of the cost, according to new data from research firm Morningstar Inc.
Regards,
Ted
https://www.google.com/#q=Investors+Snub+Money+Managers+For+Market+Clones
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