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...
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.
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