The stark truth is that stock-pickers have failed to justify their fees in recent years: 90% of active funds across Europe delivered inferior returns to their index-tracking competitors in the year to June

The stark truth is that stock-pickers have failed to justify their fees in recent years: 90% of active funds across Europe delivered inferior returns to their index-tracking competitors in the year to June https://t.co/AOm8KtS8EU pic.twitter.com/9555yRdpqo

— Bloomberg Opinion (@bopinion) November 2, 2019