Passive Investing and the Decline of Active Mutual Fund Alpha

Original title "Passive Flows, Active Woes: Passive Investing and the Decline of Active Mutual Fund Alpha" compressed to fit within title limits.

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We Now Know Who Really Benefited from the Index Revolution - https://www.bloomberg.com/opinion/articles/2026-08-21/index-... | https://archive.today/K5TJ6 - August 21st, 2026