FYI: For years, it’s been the same refrain. Don’t bail on active management, you’ll regret it when the market turns sour.
And while the selloff that ripped through equities this month has been too short to prove anything, early returns suggest they had a point. Thanks to differentiated bets on stocks, equity mutual funds beat benchmarks across the board from Jan. 29 to Feb. 6, with those in the large-cap growth style doing best, data compiled by UBS AG show.
Regards,
Ted
https://www.bloomberg.com/news/articles/2018-02-13/active-funds-shined-in-selloff-just-like-they-said-they-would
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