Active managers struggle to beat passive funds overall, but excel in global equity income and fixed income

From Morningstar:

Monika Calay, director of passive strategies research at Morningstar, discusses the Active/Passive Barometer research. Over the past decade, active managers have struggled to keep up with passive funds due to higher costs and data availability. While active managers excel in global equity income, emerging markets have seen lower success rates. In fixed income, active managers perform better due to their ability to adjust portfolios and exploit market quirks. The report emphasizes the importance of a tailored approach to investing in active and passive funds.



Read more at Morningstar: Where Can Active Funds Beat Passive Strategies?