In New Year, Being More Active Is Thus Far Good (Financial) Advice By Sarah Morgan
Mutual-fund managers who actively trade—and pile up fees in the process—have long been punching bags for investors. But suddenly they look like heavyweight champs. After being trounced by the stock market for years, so-called active managers are on a hot streak. In January, 70% of large-cap stock pickers outperformed the S&P 500-stock index, according to data from Bank of America Merrill Lynch. Not even a quarter of them could make …