A volatile market was supposed to give stock pickers the opening they needed to win back investors lost to cheaper index funds. Instead, a dismal 2018 proved it’s never easy to beat the market. Just 38% of actively managed U.S. stock funds tracked by Morningstar outperformed their counterparts at passively managed funds last year. That’s down...

Source: Wall Street Journal February 10, 2019 14:26 UTC