Why Can't We Be Friends? A Different Take on Active vs. Passive
The numbers don't lie. Active managers have a tough time adding value, and picking the long-term winners (and sticking with them) is tough. But these numbers do belie the fact that active vs. passive is not a black and white decision. While money has poured into index funds for years, active management is alive and well--just evolving, as it always has. This session will look at active funds' record, what investors can do to improve their odds of partnering with winning managers, and explore how active management is evolving.
Learning Objectives:
- Understand why it is so difficult for active managers to survive and thrive over the long term
- Know which factors you can use to improve your chances of selecting a successful active manager
- Understand the ways that active management is evolving as approaches to portfolio construction also evolve
