Invesco report hits back at active fund critics

The war of words – and data – in the active vs. passive debate continues apace with a new report from Invesco.

Drawing on active share data, the fund provider seeks to refute claims that active managers are so unlikely to beat the index that it isn’t worth the extra cost to invest in active funds.

“Our results show that … in aggregate, more than 60% of high active share fund assets outperformed their benchmarks, after fees, in a variety of measures — excess returns, downside capture and risk-adjusted returns.”

Read the report here.

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Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.