Active managers struggled 'mightily' to beat index funds amid volatility from elections, tariffs, Morningstar finds

Olga Rolenko | Moment | Getty ImagesActive funds "struggled mightily" to beat their index fund counterparts over the past year, according to a recent Morningstar report.That happened even amid market gyrations tied to tariffs and geopolitics — the kind of volatile periods during which active managers typically claim to outperform, said Bryan Armour, director of ETF and passive strategies research for North America at Morningstar.Just 33% of actively managed mutual funds and exchange-traded funds had higher ...