Research
CFA Institute Develops Framework to Clear Up Passive/Active Confusion
According to the association, the ‘bifurcation between active and passive investment products is outdated.’
According to the association, the ‘bifurcation between active and passive investment products is outdated.’
You want a helping of alpha along with beta-hugging index funds? We asked some shrewd allocators how they get it.
Sure, passive beats active hollow overall, but ferreting out the market beaters is worth it. Some pension funds heartily agree, some really don’t.
Fund’s new investment model emphasizes active management over indexing.