Aktiv förvaltad slår inte index över tid?

Liten uppdatering på SPIVA för senaste kvartalet från CNBC:

Några citat:

The S&P Indices versus Active (SPIVA) scorecard, which tracks the performance of actively managed funds against their respective category benchmarks, recently showed 79% of fund managers underperformed the S&P last year. It reflects an 86% jump over the past 10 years.

samt

The latest report marks 12 consecutive years the average actively managed large-cap fund underperformed the S&P 500, noted Todd Rosenbluth, CFRA senior director of ETF and mutual fund research.

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