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Does Active Managers' Performance Hinge on Investment Style?

Active managers' ability to deviate from a set investment style influences the success rate over time, says Morningstar's Alex Bryan.

Christine Benz: Hi, I'm Christine Benz for Morningstar.com. Most actively managed mutual funds underperform their index peers over time, but they might look better in some environments than others. Joining me to share some research on this topic is Alex Bryan. He is director of passive strategies research for Morningstar in North America.

Alex, thank you so much for being here.

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