Active ‘Hangover’ Continues: Most Large Firms Oozed Assets

Just four of the 50 largest active mutual fund providers recorded net inflows during the first half of 2023, data shows. Last year was a “historically bad year” for most traditional asset classes, with bad performance spurring net outflows, said Loren Fox, director of research at FUSE Research.

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Article published on August 3, 2023