2014 has been another stellar year for low fee passively managed index funds. Investors continued to vote with their feet, piling investment dollars into passive funds and avoiding under-performing active fund managers. But is the era of passive fund management now behind us as new concerns about volatility have been raised in several official and non-official quarters?
As a sign of the times, passive fund behemoth Vanguard Group saw its assets under management swell by $216 billion in 2014, a move a Wall Street Journal article said “gave stock pickers a vote of no confidence.”

