Retire Smart: Index vs. managed funds
By Jill Schlesinger
Tribune Media Services
”What does your fund manager do?” screamed the headline of the April 8 edition of Barron’s. All I could think was, “What, indeed!” The article says some superstar fund managers “fly around the world, they crunch reams of data, they dissect industries” – and, for good measure, ultimately beat the index against which their funds are measured.