Fundsters looking for more ammunition for the fight between active and passive management should refer to a new report from S&P. Pensions & Investments' Douglas Appell reports that, according to the new "S&P Indices vs. Active Funds" scorecard, active managers in only style box consistently beat out indexes over a period longer than one year: more than 65 percent of large-cap value managers beat the S&P 500 Value index over both three- and five-year periods. (Though only 29 percent did so over one year.)

Other good news for active management proponents: over 60 percent of small-cap value managers beat the index and over 50 percent of large-cap and multi-cap growth managers beat the appropriate indexes. 

Edited by: Neil Anderson, Managing Editor


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