UPDATE 1-Active U.S. equity funds lose $12.9 bln to outflows in May -Morningstar
Passive U.S. equity funds recorded $2.7
billion in outflows while active U.S. equity funds lost $12.9
billion to outflows in May, Morningstar reported on Tuesday,
underscoring a long-term shift away from active equity managers.
billion in outflows while active U.S. equity funds lost $12.9
billion to outflows in May, Morningstar reported on Tuesday,
underscoring a long-term shift away from active equity managers.
Posted by Reuters
