How Most Active Managers Keep Missing The Benchmark

Mark 2016 as the latest Year of the Stock Picker that wasn’t. Active funds stumbled through another brutal year, with barely 1 in 3 large-cap managers able to beat the S&P 500, according to figures released by S&P Dow Jones Indices. The news got worse farther down the scale, with 89.4% of mid-cap managers falling

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