Fed's Powell: Climate change real, but not focus of Fed's mission

Go back to Fed's Powell: Climate change real, but not focus of Fed's mission

BofA: Actively managed funds narrowly beat passive funds in February

March 6, 2024 11:58 AM EST

In their US mutual fund performance update note Wednesday, analysts at Bank of America said actively managed funds narrowly beat passive funds in February.

The firm revealed that active funds posted solid results in February, with 54% of large-cap funds beating their benchmark by an average of 3bp.... More