Active vs. Passive U.S. Equity Mutual Funds in Recent Years
October 3, 2018 - Investing Expertise, Mutual/Hedge Funds
Do active U.S. equity mutual funds beat their passive counterparts in recent years? In the September 2018 version of his paper entitled “The Historical Record on Active vs. Passive Mutual Fund Performance”, David Nanigian compares risk-adjusted annual performance of active versus passive U.S. equity mutual funds as categorized and monitored in the Morningstar Direct survivorship bias-free database. He measures… Keep Reading