Active managers - not that bad

While quite a few 'active' fund managers hug the indices and charge fees as if they are trying to beat them not all is that bad as it is portrayed by some critics. Any fund manager needs to charge a fee as nothing can be provided for free. So performance really cannot be measured after fees, expenses. It is by definition a must that the universe of fund managers will under perform any index by the amount of costs loaded onto the funds they manage. Maybe these fees are rightly deemed to be too high but investors should not be brainwashed by the community of passive fund promoters. You get what you pay for, in this case the chance (hope?) that your manager will outperform the benchmark.
Bad times for active managers: Almost none have beaten the market over the past 15 years