Active fund managers largely fail to surpass the performance of their benchmark, according to Apollo's analysis, with over 80% falling short.
Active fund managers are facing a persistent struggle to outperform the market, according to a recent analysis by Apollo Asset Management. The research indicates that between 80% and 90% of active managers have consistently underperformed their benchmarks over the past decade, irrespective of their strategies.
Chief Economist Torsten Sløk of Apollo Asset Management points out this sobering reality. This persisting challenge for active managers arises from the ever-shifting market conditions and intensifying competition with passive investment strategies.
In their 2025 reports on asset management performance, Apollo highlighted this issue. Despite robust inflows and admirable results from their own strategies, the majority of active managers have failed to reach benchmark returns during the last ten years, according to their findings.
Investors might find it challenging to justify actively managing their finances given the persisting struggle of active managers to outperform the market, as indicated by Apollo Asset Management's research. This reality, according to Chief Economist Torsten Sløk, is exacerbated by the ever-changing market conditions and the intensifying competition from passive investment strategies.
