Asked by Jackie Fortner on Jun 21, 2024
Verified
In the 15 years ending February 2016, most active portfolio managers failed to beat the market.
Active Portfolio Managers
Investment professionals who actively make decisions to buy, sell, or hold assets in order to beat the market average or achieve specific investment objectives.
Beat the Market
Achieving investment returns that surpass benchmark or average returns of the financial markets.
- Identify tendencies in mutual fund results and their impact on investment strategy development.
Verified Answer
KA
Kristen AndersonJun 22, 2024
Final Answer :
True
Explanation :
During this period, a significant majority of active portfolio managers underperformed their respective benchmarks, as reported by various studies including the SPIVA (S&P Indices Versus Active) scorecards.
Learning Objectives
- Identify tendencies in mutual fund results and their impact on investment strategy development.
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