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Save the entries. Record fund launches. Save the assets. If active money management is on the decline, someone forgot to tell the ETF industry.
Amplified by a mad market of memes and emboldened by the success of Cathie Wood’s Ark Investment Management, stock pickers are storming the universe of US $ 6.6 trillion exchange-traded funds like never before – adding a new twist to the 50 year invasion of passive investing.
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