When behavioral crowds are roiling the markets, as they are now, best idea active equity has an excellent chance of outperforming.
For active management to acquire sufficient alpha to eclipse passive, a paradigm shift driven by new technologies and new methods is required. That's where Ensemble Active Management (EAM) comes in.
Enterprising Investor's most popular posts of the year include contributions from Mark J. Higgins, CFA, CFP, Larry Cao, CFA, Michinori Kanokogi, CFA, and Yoshimasa Satoh, CFA, among others.
Does it make sense to reframe the active vs. passive debate? Perhaps the question — active or passive? — is not the right one to ask.
"Neither the Financial Analysts as a whole nor the investment funds as a whole can expect to ‘beat the market,’ because in a significant sense they (or you) are the market."
Passive ESG investing has become increasingly active. It’s time for a rethink.
Actively managed funds can serve plan participants well.
The notion that choosing active or passive will in some way lower fiduciary risk is unfounded.
Is active equity poised for a new golden era?
With his patience and preparation, Odysseus would have made a great investor.