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Active Asset Managers Knocked By Shift To Passive Strategies

FYI (This is a follow-up Article) (Click On Article At Top Of Google Search)

The deteriorating ability of money managers to beat their indices has led to investors accelerating a shift towards passive strategies such as exchange traded funds, adding to the pressure on actively managed funds to justify their fees.
Regards,
Ted
https://www.google.com/#q=Active+asset+managers+knocked+by+shift+to+passive+strategies++FT
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