New report finds almost 80% of active fund managers are falling behind the major indexes

A new report finds that more than three-quarters of active mutual fund managers are falling behind.

The S&P scorecard shows that 79% of fund managers underperformed the S&P last year. Over the past 10 years, it shows an increase.

The quarterly report is built on non-public information, according to the S&P Global CEO.

The only people who have access to it are the ones who have their own standards of performance and behavior.

The corporation's annual report has been released since 2002. It was first focused on the U.S. and then extended to countries all over the world.

The average actively managed large-cap fund has been lagging the S&P 500 for the last 12 years.

It costs more to be an active manager.

There is no truth to this.