Practical analysis for investment professionals

Active vs. Passive Investing


Ensemble Active Management: The Blueprint for Rescuing Active Management

Could EAM generate enough added alpha for active management to reclaim its edge over passive?

Are Cheaper Funds Really Better Bets?

Investors should be agnostic to absolute fees, and instead rank investment options on their value added net of costs.

Larry Fink on the “Long-Termism of Humanity”

"This is the beauty of humanity: We adapt, we evolve, we move forward,” Larry Fink says.

Public Pension Funds: Cost Matters with Closet Indexers

What impact does cost have on public pension fund performance?

What Most Active vs. Passive Debates Miss

When it comes to the choice between active and passive, investors have at least three questions to consider.

Good vs. Bad Active Fund Management: Three Indicators

What distinguishes good active management fund styles from the bad?

The Active Manager Paradox: High-Conviction Overweight Positions

Is active management's decade-long losing streak to passive management due to high fees, a lack of manager skill, or something else?

In Memoriam: John B. Neff, CFA

The investment world lost another legend in 2019.

Seven Trends in Investment Management: Ronald N. Kahn

Investment management is evolving into three distinct branches, says Ronald N. Kahn: indexing, smart beta/factor investing, and pure alpha.

Nouriel Roubini: The Mother and Father of All Bubbles

True to his Dr. Doom moniker, Nouriel Roubini believes that vulnerabilities in the system are currently hidden and will emerge when the next economic downturn occurs.