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What's Active Management's Best Hope? Look To The King Of Passive Investing, Vanguard

FYI: Actively managed mutual funds in the U.S. have seen $76-billion worth of assets leave for greener pastures in the first five months of the year, according to the Investment Company Institute — except for one firm's offerings.
Regards,
Ted
http://www.investmentnews.com/article/20160711/FREE/160719995?template=printart
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