AWD urges managers to cut underperforming active funds

The research, released today, showed that over the last decade the average actively managed funds in the UK, Europe, US, Asia, Emerging Markets and Japanese mainstream equity sectors have underperformed their benchmark index by 8.66%, 15.65%, 11.27%, 45.55%, 67.67% and 19.93% respectively. By comparison the UK small stocks sector outperfomed by 103.05%.  The research is in keeping with previous research conducted by the company, and on the back of such findings AWD Chase De Vere has reduced its active panel by about 10% over the last two years. Commenting on the research, AWD head ...