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Passive Funds Grow Assets,But Active Managers Show Big Performance Gains

FYI: (This is a follow-up article;)

As passive funds eclipse their active counterparts in assets, active manager performance may be catching up to the indexes, according to Morningstar.

In August, assets in U.S. index-based equity mutual funds and ETFs for the first time exceeded the assets in actively managed funds, according to Morningstar.
Regards,
Ted
https://www.fa-mag.com/news/as-passive-funds-move-ahead-in-assets--active-managers-play-catch-up-in-performance-51611.html?print
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