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Vanguard, Passive Grow Massive At Active's Expense
FYI: Passive index funds -- with Vanguard in the vanguard -- continue to dominate active managers in terms of fund flows. In the January 2017 Mutual Fund and ETF Asset Flows report from Chicago-based Morningstar, investors put nearly $77 billion into passive funds last month, while pulling $13.6 billion from active products. Regards, Ted http://www.fa-mag.com/news/vanguard--passive-grow-massive-at-active-s-expense-31436.html?print
