Quantopian's community platform is shutting down. Please read this post for more information and download your code.
Back to Community
Fund managers continue to underperform

"Based on data as of Dec. 31, 2014, 86.44% of large-cap fund managers underperformed the benchmark over a one-year period. This figure is equally unfavorable when viewed over longer-term investment horizons. Over 5- and 10-year periods, respectively, 88.65% and 82.07% of large-cap managers failed to deliver incremental returns over the benchmark."

S&P Indices Versus Active Funds score card