Fundsters with actively-managed shops who are trying to push back against passive management should read
John Rekenthaler's latest report.
The
Morningstar research vice president
picks apart a
Janus [
profile] presentation on why investors should choose active managers over passive ones, rating the points on a folly score. He concludes by urging mutual fund marketing departments to drop such attempts in favor of "letting their managers' numbers do the talking." 
Edited by:
Neil Anderson, Managing Editor
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