Rules to Live by for Directors of Active Funds

Jay KeeshanMutual FundsLeave a Comment

Many fund directors are asking what they can do to help shareholders of active funds – a product 90% of directors oversee. These funds face one huge hurdle: they underperform and undersell passively managed funds. In 2016, $504 billion flowed into passive funds while $340 billion flowed out of actively managed funds, according to Morningstar Direct. Actively managed funds have … Read More