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Global passive equity funds' assets eclipsed active in 2023 for first time

Global passive equity funds' net assets surpassed those of their active counterparts for the first time in 2023 as investors increasingly sought lower-cost funds that mirror broad market indices. According to LSEG Lipper, global passive equity funds' net assets stood at a record $15.1 trillion at the end of December while those of active funds was $14.3 trillion. Passive funds, often associated with stable, large-cap stocks with strong fundamentals and lower volatility, have grown in...
Kirsten Donovan Baker Boyer Vidya Ranganathan Gaurav Dogra Mark Haefele Patturaja Murugaboopathy
Source: yahoo.com

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What Are FAANG Stocks?

The "FAANG" acronym is used to describe a group of popular tech and tech-adjacent stocks. But what are FAANG stocks and are they a good investment? "What are FAANG stocks" is a question newer investors may ask when they hear the once-popular phrase "FAANG stocks" tossed around.In 2013, CNBC commentator Jim Cramer coined "FANG" as an acronym for Facebook – now Meta Platforms (META) – Amazon.com (AMZN), Netflix (NFLX) and Google, which is now A...
United States Baker Boyer Jeff Bezos Andy Jassy Jason Mountford John Cunnison
Source: yahoo.com

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