Montreal Gazette
🏢 Postmedia
May 5, 2026
· 1 min read
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Active Management Performs Much Better Than SPIVA U.S. Scorecard States, Finds New Academic Study
Original article ↗ 🔒 Paywalled source — limited preview availableB.I.A.S. ANALYSIS
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Article Excerpt
IAA’s Active Managers Council Appoints New Chair and Vice-Chair WASHINGTON, May 05, 2026 (GLOBE NEWSWIRE) — A new study released today argues that the SPIVA U.S. Scorecard “consistently and substantially” understates the performance of actively managed funds due to certain “empirical choices” in its methodology. The study, titled “How the SPIVA U.S. Scorecard Understates the...
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