BMO GAM's Burdett takes passives exposure to 'lowest level' as research shows majority of active funds outperforming
BMO GAM's PassiveWatch research
BMO GAM's Rob Burdett (right)
The average active fund has outperformed the average passive fund in three out of five Lipper Global sectors over the past 20 years, research by BMO Global Asset Management's multi-manager team shows.
According to BMO GAM's latest PassiveWatch research, which reviewed the 20-year performance of all active and passive funds with available Lipper data across the UK, Europe, Asia, US and Japan, the average...
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