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M*: The Odds For Active Management -- European Funds Version
FYI: Morningstar's Ali Masarwah and Julien Roueche did some research on the performance of actively managed European funds. How likely were they to outgain their costless benchmarks? What was the effective of survivorship? Finally, how important were their costs? Regards, Ted http://news.morningstar.com/articlenet/article.aspx?id=827622
