Active Funds May Look Better, but Still Not Great
Although the performance of actively managed funds improved in 2019's first half, the long-term picture favors passive strategies.
Christine Benz: Hi, I'm Christine Benz from Morningstar.com. Actively managed fund performance looked a little better in the first half of 2019 relative to passively managed funds, but the long-term story is still pretty dismal. Joining me to share some context around the latest data is Ben Johnson. He's Morningstar's director of global ETF research. Ben, thank you so much for being here.
Ben Johnson: Thanks for having me, Christine.