Active Fund Managers Performing Better But Still “No Better Than A Coin Toss”

(City A.M) Active fund managers have improved their performance over the last year – but the odds of picking a successful manager are still “no better than a coin toss”, according to asset management research firm Scope Analysis…..Just over half of active equities funds, in which managers proactively pick stocks rather than tracking indices, managed to outperform their benchmark in 2017…

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