Performance

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Stock-picking Mutual Funds die hard… for now

By | 2018-03-16T03:30:10+00:00 June 16th, 2017|Categories: Single Point of View|Tags: , , |

The ability of traditional Mutual Fund stock-pickers to deliver out-performance has been decaying for 2 decades. A recent WSJ editorial by renowned finance scholar Burton Malkiel sites the most recent stats published by Standard-&-Poor's and they are absolutely ugly. •“More than 90% of active US managers under-performed their benchmark indexes over a 15-year period.”  •“Over 85% [...]