At five out of six fund companies in Sweden, the actively managed funds investing in domestic equities yielded poorer returns than their Swedish index counterparts over the past ten years, reports Dagens Industri.
The newspaper compared the returns of six fund companies which have both actively and passively managed Sweden funds with a track record of at least ten years. These were Swedbank, Handelsbanken, SEB, Nordea, Danske Bank and Länsförsäkringar.
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