Active Managers Taking Market Share From Passive Funds With IPOs
September 16, 2021 at 11:45 AM EDT
Taking a look at the shares outstanding shows that passive management fund ownership in the U.S. markets have fallen from 21.3% last year to 20.1% this year, reported Bloomberg. Strategists at Jefferies have been tracking market shares for six years, and this is the first time that there has been a...