People are fleeing to index funds, which is what is spurring posts like this.
There are all of these complaints from people who run actively managed funds, never once mentioning that the fees might be why so much capital is going to passively managed funds.
People like myself who invest exclusively in index funds do so because the fees charged by actively managed funds are not supported by performance.
People are investing more in index funds because we've had a ten year bull market and index fund fees have dropped in an attempt for competition for assets.
Most active management is probably not appropriate for most individual investors because their investment needs and timelines are much different than high net worth individuals/pensions/foundations, etc.
There are all of these complaints from people who run actively managed funds, never once mentioning that the fees might be why so much capital is going to passively managed funds.
People like myself who invest exclusively in index funds do so because the fees charged by actively managed funds are not supported by performance.