Why hasn’t active outperformed?

On the whole, active management hasn’t been outperforming, says Jason Voss on the CFA Institute’s Enterprising Investor blog. He polled readers to get their views on why.

Read: Why fund managers use derivatives

Almost one quarter (24%) said higher management fees are to blame. Another 18% said “benchmarking, style box, and tracking error constraints encourage sameness.”

See the other reasons cited in the poll.

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Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.