Actively managed funds fail to outperform benchmarks during market stress ...Middle East

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Actively managed funds fail to outperform benchmarks during market stress Monday 28 March 2022 12:29 The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, is publishing the outcome of a study analysing the performance of actively managed equity UCITS relative to their prospectus and market benchmark indices, between 19 February 2020 and the end of June 2020. The results shed light on equity fund performance by type of management, especially during a period of stress such as the first wave of COVID-19. ESMA concludes that actively managed funds did not consistently outperform passive during this period. The strong market downt

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