End of Era: Passive Equity Funds Surpass Active in Epic Shift
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S. (Photographer: Michael Nagle/Bloomberg)

End of Era: Passive Equity Funds Surpass Active in Epic Shift

(Bloomberg) -- It’s official: inexpensive index funds and ETFs have finally eclipsed old-fashioned stock pickers.
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