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Grim Milestone For Active Management

FYI: The month of May is about to usher in a significant milestone for actively managed mutual funds, and not a favorable one.

The trends suggest passive U.S. equity fund assets will gain a majority of market share for the first time ever over actively-managed U.S. equity mutual funds and exchange-traded funds this month, after coming close in April.
Regards,
Ted
https://www.google.com/search?source=hp&ei=ppneXPi9JoHUsAXZn5_AAQ&q=Grim+milestone+for+active+management&oq=Grim+milestone+for+active+management&gs_l=psy-ab.12..33i299l3.3482.3482..4817...0.0..0.97.194.2......0....2j1..gws-wiz.....0.eGpl5UQkOyQ
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