Story thread · 2 reports / 2 sources

Smart money gets humbled as index funds grab $15.5b in a year

afr.com · 13hShare

A horror stretch of underperformance at active fund managers – which recorded $6.6 billion in outflows – has turbocharged a shift into index-tracking products.

First report: Smart beta funds: Key benefits, risks and investment strategy — economictimes.indiatimes.com, 2d