In the Margins

Do investors hate active fund managers?

July 13, 2017

By Bloomberg

Investors haven’t soured on all active fund managers—only those who pick U.S. stocks. Actively managed mutual funds and exchange-traded funds that own domestic stocks experienced $98.5 billion in net redemptions in the first six months of 2017, according to the latest figures from Morningstar. Active funds that buy international stocks attracted inflows of $8.7 billion and active funds that buy bonds gathered $106.5 billion. “The trend for U.S. stocks funds keeps going and going,” said Russel Kinnel, director of manager research at Morningstar. “There is a perception that they can’t beat their benchmarks, especially when it comes to large-cap stocks.” Read the original story from Bloomberg.

 

 

Most Read

10 Things
10 Women...who chair the Audit Committee

The percentage of female independent directors serving on mutual fund boards has increased impressively in recent years, jumping from about 20% 10 years ago to nearly 40% ...