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Posted on: Oct. 24, 2019, 12:31 p.m.
Active managers struggling against low-cost index funds are in an existential crisis. How bad is it? Even though a recession would crush stocks of asset managers, an economic downturn may be the last chance they have to prove they can outperform. Full investment news articleRelevent to this post: OppenheimerFunds Fidelity Investments,