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John Waggoner: S&P: Managers Still Faring Miserably vs. Indexes

FYI: (Click On Article Title At Top Of Google Search)

Stop us if you've heard this before, but active money managers are really bad at beating their benchmark indexes.

A new report from S&P Dow Jones Indices shows that most managers in nearly every domestic equity category underperformed their respective benchmarks over the past decade, and fees made their bad performance even worse.
Regards,
Ted
https://www.google.com/search?site=&source=hp&q=S&P:+Managers+still+faring+miserably+vs.+indexes&oq=S&P:+Managers+still+faring+miserably+vs.+indexes&gs_l=psy-ab.3...4411.4411.0.6702.3.2.0.0.0.0.102.182.1j1.2.0....0...1.2.64.psy-ab..1.1.80.6..35i39k1.plSq8Mahhzc
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