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Despite Underperformance, Active Funds Boost Portfolios In 2017, Study Says

FYI: Active managers on average underperform their benchmark indexes and their passive peers, but one study suggests advisors might want to use them anyway.

That's because the presence and proportion of actively managed funds within a portfolio appears to predict better portfolio performance overall, according to research published on Tuesday by Boston-based Natixis Asset Management.
Regards,
Ted
http://www.fa-mag.com/news/active-funds-underperform---but-you-might-want-to-use-them-anyway-34521.html?print
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