Thursday 30 March 2017

BlackRock Embraces Passively Managed Mutual Funds, Stock Pickers Step Down

Commentary on the New York Times article by Landon Thomas Jr. In a move seen as a reaction to the increasing popularity of passive investing, BlackRock is consolidating several actively managed funds with ones driven by algorithms and big data, the New York Times writes. Fink Sides with the Machines The move will affect about 11% of

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