The script flipped from value to growth in 2023, but the narrative stayed the same for active managers. Of the nearly 3,000 active funds included in our analysis, 47% survived and outperformed their ...

Active strategies—whether in mutual funds, ETF or other wrappers—continue to draw a healthy volume of fund flows, despite a majority of such vehicles failing to outperform their passive counterparts.

A strong year for stocks left little room for active managers to carve out an edge in 2024, while active bond managers benefited from taking on credit risk. Of the 3,200 active funds included in our ...