Active equity managers outperform benchmarks during unprecedented H1 volatility

Active fixed income falls behind

Active equity fund managers have, on average, outperformed their benchmarks over the course of H1 2020, with 53% beating the index, according to Lyxor ETF's Active-Passive Navigator.

Small-cap managers took the top spot with 70% outperforming their relative benchmarks, which the report attributed to managers in most regions taking advantage of "clear sector rotations" during the market...