Passive Equity Funds Match Active Funds in AUM After Strong April
This article was originally published on ETFTrends.com.
April showers of capital inflows into passive equity funds grew their assets under management to $4.305 trillion by the end of the month, almost matching the $4.311 trillion in assets for active equity funds. Passive funds can thank an influx of $39 billion in inflows for this recent milestone, according to the latest Morningstar Direct [...]