Finally Some GOOD News For Active Managers

Finally some good news for active managers. After a year of constant outflows from active funds, last week active funds saw a net gain in investor inflows for the first time since last February. This data comes from Bank of America Merrill Lynch’s weekly Flow Show report, which details US fund flows. Lyrical: The Best Active Managers Are Patient And ACTIVEOver the past 12 months, the shift from active to passive funds by investors has accelerated. Last year, over $250 billion flowed into passive ETFs while more than $100 billion flowed out of active funds. It would appear that this…