Oblivious’ investors aren’t ready for the bursting of the ‘everything bubble,’ hedge-fund manager warns

(Marketwatch) Investing in passive index funds has enjoyed a stellar run over the past 10 years, exposing the shortcomings of the pricier active approach in a market where everything is in full-on rally mode. In fact, during that time, only 24% of actively managed funds outperformed their passive counterparts through 2018, according to Morningstar.

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