May
18
Active Managers Up, Hedge Fund Managers Out
ByIt is early yet but:
Through the end of April, U.S. stock mutual funds that are actively managed rose 2.25%, including dividends and expenses, according to research firm Morningstar Inc. Mutual funds that track various stock indexes were up 2.2% in the same period, while the S&P 500 gained 1.9%.
Also “nearly half” of active funds beat their benchmarks, “up from 21% for all of 2014.” There are I think about three ways to view the active-passive competition:
Active Managers Up, Hedge Fund Managers Out
