Once again, Standard & Poor’s scorecard on indices versus active funds has shown that the S&P 500 outperformed 80.3% of actively managed large-cap funds during the third quarter. The S&P SmallCap 600 outperformed 50.8% of small cap funds. Actively managed mid-cap funds were the exception, with 70% of them beating the S&P MidCap 400 during the third quarter.Year-to-date through September, indices led actively managed large-cap and small-cap funds. In the first three quarters of the year, the S&P 500 has outperformed 71.5% of large-cap funds, while the SmallCap 600 has outpaced 66% of small-cap funds.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.