(CNBC) Active managers who claim that they would do better during periods of heightened volatility are going to have to find another argument.last week, S&P Dow Jones Indices released its annual report on how actively managed funds performed against their benchmarks. The conclusion is that active managers continue to show dismal performance against their passive benchmarks. For the ninth consecutive year, the majority (64.49 percent) of large-cap funds lagged the S&P 500 last year.
It’s the triumph of indexing: Fund managers continue to trail their benchmarks.
This entry was posted in Syndicated. Bookmark the permalink.
