US Investors May Fear They've Missed the Boat on this Recent Market Rally
-US equity funds shed $8.2 billion in the week ending July 20
-US bond funds captured almost double that amount
Morningstar reported that active US equity funds suffered the largest monthly outflow since October of 2008.
Active managers had a tough time in June. In fact, they’ve had a tough twelve months: active managers have lost over $315 billion in assets over the past year according to Morningstar.