Active Maager Flame Outs Drive Investors to ETF’s by Tom Lydon Max Chen contributed to this article.
Current Affairs News The market’s wild volatility and herd-like movement has created an extremely difficult environment for stock pickers and caused some investors to abandon actively managed mutual funds for indexed exchange traded funds. Even prominent fund managers are having trouble in the current environment. However, ETFs seem to have attracted a larger following as stocks move in tandem. Bill Miller, manager of the Legg Mason Value Trust, was known …