![]() According to Vincent Loporchio, a spokesman for Fidelity Investments, in an interview with InvestmentNews' Trevor Hunnicutt in a Feb. In an effort to stanch the prodigious bleeding, actively managed funds are fighting back. This is a stunning reversal of fortune for actively managed funds.Īctive funds are fighting back. and State Street Corp., both of which focus on index funds. Other fund families making the top 25 list include Blackrock Inc. Vanguard reached a staggering $3 trillion in global assets under management in September of last year, according to The Wall Street Journal. Thirteen of those top 25 funds, which generated the most net inflows, were index funds managed by the Vanguard Group. 28, of the 25 best-selling mutual funds and exchange-traded funds in the United States, not a single one was actively managed. ![]() According to a March 16 InvestmentNews article by Trevor Hunnicutt, for the 12-month period ending Feb. However, some index investors make poor choices among the many index funds available to them. As it stands, only a minority of individual investors select index-based funds. Although this is a positive development, more work needs to be done. The overwhelming data supporting evidence-based investing has resulted in a significant transfer of assets from actively managed funds into index-based funds. In order to make this transition, you will need to resist the hype and marketing blitz from the purveyors' actively managed funds, where the fund manager claims to have an ability to beat a designated benchmark on a risk-adjusted basis. For many investors, this means investing in a globally diversified portfolio of index funds with low management fees, exchange-traded funds or passively managed mutual funds. I have long been a proponent of "evidence-based" investing.
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