Not exact matches
Normally, these conditions would be ideal for active managers, but our report indicates that the majority of euro - denominated funds invested in European
equities trailed their
respective benchmarks over the one -, three -, and five - year periods.
The scorecard measures the performance of actively managed domestic
equity funds across various market capitalizations and styles, as well as fixed income funds, relative to their
respective benchmarks.
The second study shows that of the 1,540 U.S. domestic
equity funds in the 15 - year period through 2012, only about 18 % survived and outperformed their
respective style
benchmarks:
The study reveals that over the one - year period ending December 2016, 66.29 % of Indian
Equity Large - Cap funds, 64.29 % of Indian ELSS funds, and 71.11 % of Indian
Equity Mid - / Small - Cap funds underperformed their
respective benchmark indices.
The majority of Indian
Equity Large - Cap, Indian Government Bond, and Indian Composite Bond funds underperformed their
respective benchmarks for most of the period.
This was equally true for both global
equities and emerging market
equities, which would have been expected to outperform their
respective benchmarks in conditions of heightened volatility and wide return dispersion.
In 2014, over 77 % of actively managed U.S. funds invested in international
equities underperformed their
respective unhedged
benchmarks.
When viewed over a 10 - year period, about 92 % of actively managed eurozone
equity funds trailed their
respective benchmark.
However, the S&P Indices Versus Active (SPIVA) India Year - End 2017 Scorecard shows that a majority of active funds in the Indian
Equity Large - Cap and Mid - / Small - Cap categories lagged their
respective benchmarks over the one - year period ending in December 2017.
In the case of the actively managed
equity mutual funds, all the fund categories have higher five - year asset - weighted returns than their
respective benchmarks.
This can be noted in the relative out / underperformance percentages of actively managed international
equity funds and fixed income funds against their
respective USD - hedged and unhedged
benchmarks over the past 12 months ending Dec. 31, 2014 (see Exhibits 1 and 2).
Less than 15 % of International
Equity General and Australian Bonds funds and less than 30 % of Australian
Equity General and Australian
Equity A-REIT funds managed to outperform their
respective benchmarks on an absolute basis.
There were 74 %, 69 %, and 59 % of funds in the Australian
Equity Mid - and Small - Cap, Australian Bonds, and Australian
Equity General categories, respectively, that underperformed their
respective benchmarks.
[The list below] shows the percentage of actively managed
equity mutual funds that failed to outperform their
respective benchmarks for the five - year period ending December 31, 2009.