Here's the
story - Can't vouch for the source, but story is in line with what's being reported by Bloomberg.
Excerpt:
"Investors spent 2025 pulling money ... Roughly $1 trillion left active equity mutual funds as frustration built ..."The S&P 500 kept hitting records, but the gains came from the same tight group of seven American tech giants. Owning anything else meant falling behind, and investors noticed. Fund managers who aimed for balance faced a brutal setup. A portfolio packed with many sectors looked sensible on paper, but the market only cared about megacap tech ...
"As the year moved on, cash flowed out steadily. Estimates from Bloomberg Intelligence using ICI data show about $1 trillion pulled from active equity mutual funds. That marked the 11th straight year of net outflows and the deepest of the cycle. Passive equity exchange-traded funds moved the other way and took in more than $600 billion. "
What could possibly go wrong?
