It’s a Weird Market. Time To Go Active.

Business news

A violent selloff and equally rapid ascent in the stock market has caused mispricings and created massive disparities among sectors and stocks, giving actively managed mutual funds an opportunity to beat the index’s return, after lagging behind badly throughout the long bull market. “It makes sense to be surgical now more than ever,” says Ron Carson, CEO and founder of Carson Group, an Omaha advisory, which last quarter added an active strategy to U.S. stock allocations and is in the process of switching all of its developed international allocation to active funds from about a 50-50 split. The move by Carson and other advisors is a fresh vote of confidence for actively managed mutual funds, most of which trailed passive strategies throughout the long bull market.

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