Roughly 71% of 300 surveyed registered investment advisers in the US believe active strategies, rather than passive, will be the top performers in 2018, according to a study by Vanguard Group. Despite passive funds having outperformed their active counterparts on successive market gains, many advisers believe the current bull market can't last forever, and that active management has a tendency to perform better in down markets. The US stock market ended last year with roughly a 22% gain and has been up close to 300% since its low-point in 2009.
Roughly 71% of 300 surveyed registered investment advisers in the US believe active strategies, rather than passive, will be the top performers in 2018, according to a study by InvestmentNews. Despite passive funds having outperformed their active counterparts on successive market gains, many advisers believe the current bull market can't last forever, and that active management has a tendency to perform better in down markets. The US stock market ended last year with roughly a 22% gain and has been up close to 300% since its low-point in 2009.