The Only Thing Worse Than An Actively Managed Fund Is A Portfolio Of Actively Managed Funds

FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors. Diversifying Among Actively Managed Funds Within An Asset Class Isn't The Smartest Bet (Rick Ferri) "Diversifying actively managed mutual funds within an asset class is a bad thing because it decreases the already low probability for outperforming a comparable portfolio of all index funds," according to Rick Ferri. "If you can't buy index funds, then pick one active fund per ...