I have six observations detailed below that help guide my approach to the active vs. passive question. Active analysis hinges on reasonable forecasts of ex-ante alpha and active risk both in terms of ...

Whether we’re talking about sports or investing, people have an urge to win. In investing, investors seek outperformance. Thus, most mutual fund shareholders aren’t satisfied with the performance of a ...

In any given short-term period, a manager of an active portfolio may make bets which either outperform or underperform their relative benchmark. However, we are supposed to be long-term investors, ...

In a prospecting article from May, we looked at the relative performance of active and passively-managed funds during the volatile months of March and April, a period that theoretically should have ...

(Bloomberg) -- For all the debate over passive versus active investing, a recent lawsuit raises a simple, fundamental question: What does it even mean to be a passive fund? The suit alleges that ...

Dziubinski: Now, a few weeks ago, you and I sat down and talked about the rise of active equity ETFs, but we’ve also seen active bond ETFs coming to market. So have the active bond ETFs gained ...