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September 01, 2020 10:18am
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The Return of Active Management

By Jared Dillian Funny how things change. If you go back to 2015–2017, the biggest fad in finance was to open an account at Vanguard. com, throw a few thousand bucks in it, and stick it in index funds. This is how Vanguard accumulated many trillions of assets very rapidly. Vanguard’s assets under...
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