What effect has passive investing, including ETFs and index-tracking mutual funds, had on the US stock market?
Beating a passive benchmark is hard. And that's true for both reindeer and people.
Actively managed strategies should have a place at the core of well-designed retirement plans.
If active managers cannot add value, then passive is the preferred position, not the other way around.
Actively managed funds can serve plan participants well.
The race for scale among active managers in response to low-cost ETF competition may be self-defeating.
The notion that choosing active or passive will in some way lower fiduciary risk is unfounded.
Quick, what is 1 July 2021 the 50th anniversary of?
Is active equity poised for a new golden era?
Could EAM generate enough added alpha for active management to reclaim its edge over passive?