84% of Actively Managed U.S. Equity Funds Underperformed Their Benchmark in 2011
NEW YORK, March 12, 2012 /PRNewswire/ — Findings released today by S&P Indices for its full year 2011 S&P Indices Versus Active Funds Scorecard (SPIVA) show that approximately 84% of actively managed U.S. equity funds underperformed their relative S&P benchmark in 2011. Over the previous three-and five-year periods, approximately 56% and 61% of actively manage equity funds underperformed their benchmark.