Discussion about this post

User's avatar
Peter Sainsbury's avatar

It's good that you highlight this. The problem is likely to get worse unfortunately. The percentage of total AUM in active mutual funds dropped to 46% as of September 2021, but if the current trend continues it will drop to 17% by 2035, and the active management industry will disappear altogether by 2050. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4539706

Expand full comment
1 more comment...

No posts