The past few years have been challenging for active portfolio managers. For the five-year period that ended at the close of 2014, only 11% of active U.S. large-cap managers outperformed the S&P 500. Find out why the powerful forces that have made it challenging for active managers to outperform their benchmarks over the past several years are likely to reverse and, we believe, generate outperformance in the near future.view more white papers
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