Passive equity strategies have seen massive inflows over the last decade, in part owing to active management’s struggles. But the pendulum seems to be swinging back toward active today - and leaving active out of the equation could be leaving money on the table.
Among all the debates in the capital markets today, perhaps none is more acute than the role of active vs. passive management in the years ahead. Richard A. Brink, CFA, explains why it will pay to be the last active investor standing.