Vanguard's stockpickers outperform despite firm's passive push
December 16, 2014 at 12:41 PM EST
NEW YORK (Reuters) - Vanguard Group became the largest U.S. fund manager by assets by persuading investors that they don't need to pay for a stock picker. Yet a funny thing happened along the way: Most of the 30 active stock funds the firm runs have actually beaten their respective benchmarks and Vanguard’s own highly touted index funds.