Passive funds are much cheaper than their active counterparts. Active funds can justify higher fees if they outperform their benchmark index, but many are failing to do so, boosting the case for passives, writes Brian Gorman

Today, the majority of assets in the investment industry are concentrated in the hands of large US passive fund groups like Vanguard and BlackRock. The COVID-19 pandemic could tighten their grip on the market

While passive investment strategies may appear more attractive in current market conditions, active strategies may still be the wisest choice