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S&P Dow Jones Indices

Have Passive AUMs Eclipsed Active?

Have Passive AUMs Eclipsed Active?

This morning’s Wall Street Journal declared that “Index Funds Are the New Kings of Wall Street.” The coronation, and similar notes of the “end of an era,” were prompted by Morningstar data showing that, for the first time, the assets invested in index-tracking mutual funds and ETFs exceed the ...

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