A new academic paper introduces the MMT model, which improves upon standard methods by correcting for benchmark biases and incorporating peer performance, proving more effective at identifying ...

Actively managed mutual funds don’t perform as well as they appear, as the result of hidden “survival bias” in Morningstar mutual fund data, according to a study by Savant Capital Management and Zero ...

Persistent outperformance in mutual funds and ETFs remains an elusive yet highly desired goal for investors. This report dives into a study covering approximately 9,000 funds with $24 trillion in ...

Looking for the best mutual funds to buy in 2026? As markets shift and volatility remains high, choosing the right funds is key to balancing growth income and diversification. These five mutual funds ...

Research reveals traditional value and growth funds include expensive slow-growing stocks that drag performance by 2% ...

As evidenced by S&P’s SPIVA reports, actively managed equity mutual funds persistently underperform. Their persistent underperformance has continued despite decreasing expense ratios and the increased ...

I was interested in the extent to which funds’ returns before fees predicted how they performed over subsequent before-fee periods. For instance, if a fund did well before fees compared with category ...

The search for investment managers who can consistently deliver alpha has become finance's equivalent of the Holy Grail quest. Just as medieval knights pursued miraculous powers, modern investors ...

This study analyzes the long-term performance of US active fixed income mutual funds and ETFs across four categories: Aggregate, Government, Corporate and High Yield. While some active funds appear to ...

There are no hostile takeovers in mutual funds. Bad managers are entrenched until they resign or the fund's directors give them the boot. Shareholders generally have no say in the matter; unlike a ...