During 2016, passive fund strategies in the United States took in a record $504.8 billion, far outpacing the previous high-water mark of $422.7 billion set in 2014 and 2015’s tally of $418.5 billion. By way of contrast, last year’s inflows for passive funds was double the group’s take in 2007.
Meanwhile, active funds experienced outflows of $340.1 billion in 2016, exceeding the $230.5 billion net withdrawals seen in 2015, and even higher than during the financial crisis year of 2008 when active funds saw outflows of $208.4 billion.
The primary reason: the remarkable exodus from actively managed U.S. equity funds.
Submitted January 21, 2017 at 02:59PM by tf113 http://ift.tt/2k0K8wg
