Analysis by Bowmore Wealth Group shows active equity funds made a comeback in the second half of 2020, following several years of underperformance.
The analysis showed UK large-cap equity funds returned an average of 8.3 percent over the last six months of 2020, compared with an average of 5.1 percent for UK large-cap passive equity funds. Both figures are net of fees.
The study covered 750 UK large-cap funds as defined by Morningstar. The FTSE 100 returned 6.2 percent...
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