For anyone who cares:
For anyone who cares:
Due to the emerging trend of inflows to low cost passive index funds and outflows in actively managed funds (i.e mutual funds and hedge funds) - are the future careers of large institutional portfolio managers and their supporting research analyst teams in jeopardy or at least expected to shrink over the long-term?
only for the underperformers
The majority of actively managed funds have underperformed their benchmark for years now.
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