Institutional Investor reports: Not all active managers struggle to beat market returns.
This is especially the case for those specializing in non-U.S. large-cap equities and emerging markets, according to the latest analysis by Investment Metrics, a portfolio analytics company.
From 2012 to 2021, the average gross excess return for those investing in global large-cap companies was 1.3 percent, according to IM. For active managers investing in non-U.S. large-cap and emerging markets, the excess returns were 2.2 percent and 1.9 percent, respectively.
