Actively Managed Funds Continue to Lag Indexing, Passive ETFs
June 03, 2016 at 15:38 PM EDT
The ongoing underperformance in actively managed mutual funds is triggering a shift in the fund industry toward cheaper, passive index-based exchange traded funds. The S&P Global Market Intelligence’s Mutual Fund Research Group revealed that only 437 of 2053, or 21%, large-cap fund share...