Passive Investing, The Evidence the Fund Management Industry Would Prefer You Not to See:
The Outperformance Myth
Part 1 of 8 (7:15)
Part one of the eight part documentary, Passive Investing: The Evidence, describes how the £4 trillion invested by UK fund managers more often than not produces a below-average return and fails to match, never mind beat, the average market return over the long term.
Are the fund managers as smart as they like to think they are? Financial gurus John Bogle, Charles Ellis and Ken French, amongst others, think not.
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Watch Passive Investing, The Evidence the Fund Management Industry Would Prefer You Not to See, in 8 parts: or watch the full movie here.