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KM Financial Solutions | ‘Massive passive’ funds squeeze stock pickers
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‘Massive passive’ funds squeeze stock pickers

17 Feb ‘Massive passive’ funds squeeze stock pickers

Posted at 23:08h in News by
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A $4.5 billion buyout of Legg
Mason Inc by rival Franklin Resources Inc
announced on Tuesday is the latest example of how a decade-long
shift into low-cost, index-tracking products is pushing
stock-picking funds to join forces to remain competitive.

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