Active management edges out passive performance in Q1

Passive outperforms over five years

Active managers beat passive products over Q1 2020 by a slim majority (54%), but have trailed significantly over the past five years with just 32% of active managers outperforming, according to a recent study from Albermarle Street Partners.

Over the first three months of the year, active managers in sectors with "larger inefficiencies or the ability to move between different countries" performed best against their passive counterparts, with...