PT - JOURNAL ARTICLE AU - Abhay Kaushik ED - Massar, Betsy TI - Practical Applications of Performance and Persistence of Performance of Actively Managed U.S. Funds that Invest in International Equity AID - 10.3905/pa.2014.1.4.034 DP - 2014 Apr 30 TA - Practical Applications PG - 1--4 VI - 1 IP - 4 4099 - https://pm-research.com/content/1/4/1.2.short 4100 - https://pm-research.com/content/1/4/1.2.full AB - Performance and Persistence of Performance of Actively Managed U.S. Funds that Invest in International Equity Abhay Kaushik International mutual funds are ideal for US-domiciled investors who want exposure to foreign equities but don’t have the time or inclination to become experts in foreign markets. But do these actively managed funds outperform their passive benchmarks on a risk-adjusted basis? Abhay Kaushik , Assistant Professor of Finance at Radford University in Virginia, says in an interview that he was surprised few other researchers have dug into the broad international equities universe or could say whether active managers in the non-US stock universe outperformed their indices.This Practical Applications report details Kaushik’s findings in Performance and Persistence of Performance of Actively Managed U.S. Funds that Invest in International Equity , which was published in the Summer 2013 issue of The Journal of Investing He analyzes 20 years of data from a universe of 570 US-domiciled funds that invest in equities outside of the United States. Kaushik reveals whether or not active management pays off and provides readers with a major caveat.