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History Made: U.S. Passive AUM Matches Active For First Time

FYI: Half of U.S. stock investors are now betting that they can’t beat the market.

Assets in passive domestic stock funds have grown to $4.3 trillion, the same amount held by active managers, as of the end of last month. According to Morningstar, parity between active and passive has been the inevitable result of twelve years of relentless outflows from active funds coupled with a steady flow into passive assets.
Regards,
Ted
https://www.institutionalinvestor.com/article/b1fg0jnvbpc536/History-Made-U-S-Passive-AUM-Matches-Active-For-First-Time
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