nearly 97% of actively-managed US funds sold in Europe failed to beat their benchmarks over the past 10 years, according to figures from S&P Dow Jones. Similarly, just two in every 100 global equity funds fared better than the S&P Global 1200 and Ninety-nine percent of emerging market funds underperformed. Active managers need to examine their investment processes to ensure they are relevant in the current investment landscape, said Amin Rajan, CEO of Create Research, a sentiment echoed by Dan Mannix, CEO at RWC, who said the industry needed to invest in capabilities to "deliver something that is worth paying for".
Ninety-nine percent of actively-managed US funds sold in Europe failed to beat their benchmarks over the past 10 years, according to figures from S&P Dow Jones. Similarly, just two in every 100 global equity funds fared better than the S&P Global 1200 and nearly 97% of emerging market funds underperformed. Active managers need to examine their investment processes to ensure they are relevant in the current investment landscape, said Amin Rajan, CEO of Create Research, a sentiment echoed by Dan Mannix, CEO at RWC, who said the industry needed to invest in capabilities to "deliver something that is worth paying for".