{"id":27823,"date":"2012-03-08T08:04:24","date_gmt":"2012-03-08T13:04:24","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=27823"},"modified":"2012-03-08T08:04:24","modified_gmt":"2012-03-08T13:04:24","slug":"actively-managed-funds-have-time-on-their-side-lubos-pastor","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2012\/actively-managed-funds-have-time-on-their-side-lubos-pastor.html","title":{"rendered":"Actively Managed Funds Have Time on Their Side: Lubos Pastor"},"content":{"rendered":"<p>Bloomberg &#8211; In 2011, about 79 percent of large-cap mutual fund managers trailed the\u00a0Standard &amp; Poor\u2019s 500 Index (SPX), according to Morningstar Inc. The average equity mutual fund lost almost 3 percent last year, compared with a 2 percent gain for the S&amp;P 500, says Lipper U.S. Fund Flows.\u00a0Hedge funds\u00a0fared even worse, with an average loss of 5 percent, according to Hedge Fund Research Inc.<\/p>\n<p>These weren\u2019t aberrations. Numerous studies show that most active funds have underperformed passive benchmarks over time, primarily due to costs and fees. Not surprisingly, most academics and many market professionals are recommending passive investing. Even superstar active managers such as\u00a0Peter Lynch\u00a0and\u00a0Warren Buffett\u00a0have advised most investors to hold index funds.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/2012-03-08\/actively-managed-funds-have-time-on-their-side-commentary-by-lubos-pastor.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; In 2011, about 79 percent of large-cap mutual fund managers trailed the\u00a0Standard &amp; Poor\u2019s 500 Index (SPX), according to Morningstar Inc. The average equity mutual fund lost almost 3 percent last year, compared with a 2 percent gain [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-27823","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/27823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=27823"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/27823\/revisions"}],"predecessor-version":[{"id":27824,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/27823\/revisions\/27824"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=27823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=27823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=27823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}