Passive US equity funds see growth as actives see outflows
Jun 06, 2018
Passives take in $18.2 bn while actives lose $11.4 bn
Passive US equity funds took in $18.2 bn in inflows while active US equity funds suffered $11.4 bn in outflows in April, according to Morningstar’s latest report on flows.
Index giants BlackRock and Vanguard dominated mutual fund and exchange-traded fund (ETF)