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Monday, October 28, 2013

First a Nobel for Fama, Now Record Flows

News summary by MFWire's editors

When it was 2013, it was a very good year,…

First Dimensional's muse Eugene Fama won part of the Nobel Prize for Economics, now it has seen more flows in the first three quarters of this year than it has seen in any full calendar year, reports Jason Kephart of InvestmentNews.

Kephart reports that DFA's funds, which primarily are sold through financial advisers, trail only Vanguard Group.

The InvestmentNews writer reports that advisers are drawn to DFA funds because they "are fed up with active managers but are open to ideas on how to beat a plain-vanilla market-capitalization index."

Read more in InvestmentNews

Edited by: Tommy Fernandez


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