Returns to Stock-Picking Skill

FAN Editor

This article was originally published on ETFTrends.com.

By C. Thomas Howard, PhD, Athena Invest via Iris.xyz We are witnessing a dramatic flow of money out of active equity mutual funds and a similarly sized flow into index funds. A large portion of these outflows are from so-called closet indexers, funds that claim to be active equity managers but, upon closer inspection, closely […]

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