ETF Bright Spots Even as Large Cap Value Funds Struggle
April 13, 2017 at 15:18 PM EDT
By Todd Rosenbluth, CFRA In 2016, the majority of actively managed large-cap value mutual funds underperformed the S&P 500 Value index, continuing a now seven-year run of failing to keep up with index alternatives. Passive ETFs and mutual funds gathered $38 billion of new money in 2016,...