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Morningstar’s 2025 Reality Check: 89% of European Active Funds Lost to Passive ETFs Over 10 Years
France

Morningstar’s 2025 Reality Check: 89% of European Active Funds Lost to Passive ETFs Over 10 Years

Morningstar’s latest European Active/Passive Barometer delivers a brutal verdict on active management. Here’s what the 11.4% success rate means for French investors and why the debate is far from over.

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