This report adds institutional accounts to the mutual funds analyzed in the S&P Indices Versus Active (SPIVA) U.S. Scorecards. It also examines the impact of fees.
The study explores the impact of sector and individual fund’s size on performance. We demonstrate that alpha is related to demand for arbitrage capital as much as to its supply. Sector size affects…
Active managers primarily use index data to benchmark investment performance, but a new study suggests there are significant opportunities for them to derive more value from data, analytical…
