60 per cent of actively-managed equity funds have fallen further than the market

 Active performance has been particularly miserable in the UK, where only 12 per cent of active funds managed to outperform a passive alternative.

Active managers have had a better start to the year across the pond, where 40 per cent of US equity funds outperformed their passive equivalent — a big improvement on the 19 per cent that did so a year ago.

FT 27 July 2022

https://www.ft.com/content/c2e9abd0-0edd-4805-b1ab-d55b661c24de

NOBODY KNOWS ANYTHING

They don’t want to be what investor Mark Kritzman calls “wrong and alone.” 

https://englundmacro.blogspot.com/2021/09/nobody-knows-anything.html