The results of S&P DJI’s latest SPIVA U.S. Scorecard are in: Most large-cap active managers underperformed the S&P 500 for the 14th consecutive year in a row.
The active versus passive management debate has been taking place for as long as we can remember. On the one side are those who believe skilled stock pickers can generate benchmark-beating returns. Although they don’t outperform every quarter or every year, it is believed these managers can generate better returns than the…
David Braun, Portfolio Manager at Pimco, discusses why today's starting yields and cooling inflation create a compelling case for investors to enter the bond market and the important role active managers play.