European Active/Passive Barometer Report: FY2025

Track how active funds perform versus passive peers across European, Asian, and African categories.

In 2025, active managers faced significant challenges, as evidenced by the distinct uptick in one-year success rates for active equity managers (31.2%) and fixed-income active managers (55.8%). Their ability to adapt and rebalance portfolios allowed them to recover and slightly hover above the end-2024 success rate. This highlights the potential benefits of active management in navigating turbulent markets, and underscores the risks involved.

The latest European Active/Passive Barometer report analyzes nearly 32,000 unique active and passive European-domiciled funds across categories, including success rates, annualized excess returns, and more.


Download the report to see how active and passive fund performance trends can help guide your investment decisions. 

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