Active Management Performs Much Better Than SPIVA U.S. Scorecard States, Finds New Academic Study

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 […]