Just 42% of active funds outperform passive peers in first half of 2026

31 July 2026

Less than half of active funds outperformed comparable passive products during the first six months of 2026, according to AJ Bell’s latest Manager versus Machine report. The study found that 42% of active funds beat passive alternatives between January and June, unchanged from the same period in 2025. Over a 10-year period, the proportion...