Archive for November 2009

Active Manager Survival

Nov 24th, 2009 | By | Category: Investing

In the past five years, actively managed stock and bond funds have shown a significant rate of non-survival, and among the survivors, only a few have consistently outperformed their category benchmark. Some people claim that strong financial markets offer opportunities for active managers to add value, while others say that active management works best in [...]



Active vs Passive: Real World Issues

Nov 24th, 2009 | By | Category: Featured Articles

In his previous column, Brad addressed questions related to the theoretical aspects of market efficiency and active manager performance. In this second of his three-column series on active vs. passive investing, he explores the challenges of implementing these strategies in the real world. The previous column in this series focused on some theoretical aspects of [...]