Stock ETF Rally Could Find Help From Underperforming Active Funds
September 05, 2014 at 08:20 AM EDT
The majority of active large-cap funds have underperformed the broader market, but this may benefit the broad equities market and stock exchange traded funds as active managers try to play catch-up. Only 23% of large-cap mutual fund managers have outpaced the S&P 500 index this year, generating...