Active fund managers trail the S&P 500 for the ninth year in a row in triumph for indexing

https://www.cnbc.com/2019/03/15/active-fund-managers-trail-the-sp-500-for-the-ninth-year-in-a-row-in-triumph-for-indexing.html

Active managers who claim that they would do better during periods of heightened volatility are going to have to find another argument.

For the ninth consecutive year, the majority (64.49 percent) of large-cap funds lagged the S&P 500 last year.

After 10 years, 85 percent of large cap funds underperformed the S&P 500, and after 15 years, nearly 92 percent are trailing the index.

Submitted March 15, 2019 at 07:53AM by coolcomfort123 https://ift.tt/2O7Shyz