If the actively managed mutual-fund business wants to stem the money flows to index-tracking exchange-traded funds, it needs more people like Paul Greene. Over the past three- and five years, he’s beaten rival communications funds and the S&P 1500 Telecom Services Index by eight-to-10 percentage points, according to research firm Morningstar. Over the past 10 years the T. Rowe Price Group (TROW) fund has surpassed these two benchmarks by seven percentage points. Read More...
5 ways to beat the market — from a fund manager who’s done it for years
If the actively managed mutual-fund business wants to stem the money flows to index-tracking exchange-traded funds, it needs more people like Paul Greene. Over the past three- and five years, he’s beaten rival communications funds and the S&P 1500 Telecom Services Index by eight-to-10 percentage points, according to research firm Morningstar. Over the past 10 years the T. Rowe Price Group (TROW) fund has surpassed these two benchmarks by seven percentage points.