Trendscout news issue 10: Investor’s attention shifts to passive in European Equities
January 13, 2017 |
etfinfo | Front | News |
Very disappointing results of active European equity fund managers in 2016 may have caused an acceleration of the shift into passive solutions.
Active European equity managers got wrong-footed on sector allocation in 2016. As ifund revealed yesterday, only 8% of European equity managers outperformed the MSCI Europe NR net of retail fees and just 24% did so gross of fees.