Human fund managers are beating the robots
From businessinsider.com
Whether it's better to entrust your money to a human or to stick it in a fund that mirrors the overall market is a longstanding question for investors. This year, the humans, or active managers, have been beating out the index funds, according to Morningstar data cited by The Wall Street Journal. Actively-managed funds were up 2.25% at the end of April, according to the data, while passively managed funds were up just 2.2% and the S&P rose 1.9%. That's a pretty rare scenario in recent years. Since the financial crisis, when most investors saw losses no matter how their funds were managed, they've tended to place ...
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