The chief strategist at JPMorgan's $1.7 trillion funds arm says 2 types of investors are sending the market swinging wildly

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With active managers 'off on vacation,' JPMorgan Asset Management's chief global strategist said passive and momentum investors are responsible for recent market volatility.

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Then it should be easy for active managers to outperform this dumb money and yet we don’t find that jpmorganfunds

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