Study finds high uniformity in active management of large-cap funds
1 report, 1 independent
Updated Sep 24
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
An analysis compared the actively managed large-cap funds offered by Fidelity, MFS, J.P. Morgan, and T. Rowe Price. Using the One Number’s Blind Spot Active share measure, the study found that the typical active share for 51 large-blend and large-growth funds across these four firms ranged from approximately 46% to 54%. The report noted that this segment of big-cap funds was highly uniform.
From morningstar.com
Why it matters
The findings highlight the degree to which these industry offerings conform to established norms. The study emphasizes that while the active share shows how much a fund departs from its index, it does not explain how that difference is achieved.
From morningstar.com
Who's involved
- MFSCompany managing large-cap funds
- T. Rowe PriceAmerican publicly owned investment firm managing large-cap funds
Keep exploring
The entities involved
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MFS
Nothing else this week.
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T. Rowe Price
American publicly owned investment firm