30/08/18

Robots Are Crushing Humans: Passive Funds Control A Record 44% Of The US Stock Market



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Robots Are Crushing Humans: Passive Funds Control A Record 44% Of The US Stock Market
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When it comes to the battle between robots and humans for control of the market, the robots are winning so much, they're getting sick and tired of winning.

According to the latest data from Bank of America, in the first half of 2018, there was a continued increase in the share of passively managed funds/ETFs. Between year-end 2017 and June 30, 2018, the passive share continued to grow, hitting 44.2% from 43.6% for US equities... 

... to 24.4% from 23.5% for US ....

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