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Post being replied to

Investors will go back to active funds when they prove they by Lambconnection

can generate better returns than the passive funds to make them worth the additional fees. This reads like a bunch of fund managers whining about the fact that their products have lost popularity instead of trying to innovate to bring customers back.

I would also think there are plenty of institutional funds like CALPERS that are still actively managed that still have plenty of capital to "buy the dip" and help soften the fall when things turn bearish.