1) Flows from active to passive funds increased to nearly $500 billion in the first half of 2017.
2) This trend is frightening, as it may prevent active managers from helping to stabilize markets.
3) Passive funds also have a risk of "cascading", amplifying market downturns http://ift.tt/2t5cfhc
Submitted July 10, 2017 at 10:17AM by rexmorrow http://ift.tt/2sWOeh4
