Where active-passive management line blurs
Margin Call: How active is your fund manager – and why it matters.
Margin Call: How active is your fund manager – and why it matters.
The active versus passive investment management debate hasn’t progressed much in recent years. Commentators usually highlight that the average active manager has underperformed the broader share market, and leave it at that. But the debate is far more nuanced. Academics have delved into the