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Passive US equity funds record significant inflows, as outflows hit active funds

While US equity funds experienced net outflows of approximately US$100 billion over the past year (including 2016Q1), passive US equity funds bucked the trend by recording inflows of US$110 billion over the same period. Data from Morningstar shows that passive US equity fund flows were only bettered by mutual funds and ETFs, while US equity funds as a whole experienced…

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