In 2017, for example, only 43
percent of active fund managers outperformed their passively managed peers, and that was a major improvement from the 26 percent that accomplished the feat in 2016.
And the 30
percent of active fund managers who outperform one year, are unlikely to repeat that outperformance the next.
Rebalance annually, and you're likely to outperform 60 - 70
percent of active fund managers.
Not exact matches
Twenty - six
percent of active managers are building multi-asset-class
funds.
If the additional costs
of active management run roughly two to three
percent annually, then the
active manager clearly faces a huge hurdle just to match the results
of a passive alternative such as an index
fund.