FYI: We have just published the midyear 2019 installment of the Morningstar Active/Passive Barometer. The Active/Passive Barometer measures active fund managers' performance relative to their passive peers across 20 Morningstar Categories that together account for $12.5 trillion in investor assets, or about 64% of the U.S. fund market. Here, I'll discuss how investors might use this report to better understand the odds of picking successful active managers and how they might winnow the field to improve their chances of partnering with those most likely to do well in the future.
Regards,
Ted
https://www.morningstar.com/articles/945906/the-morningstar-activepassive-barometer-might-help-investors-improve-their-base-rates
