Active investment managers believe their approach is the correct one. Not surprisingly, asset managers who promote a passive investment philosophy believe their’s is the one to adopt. Who’s right?
Which way to wealth?
In the debate over whether an active or passive investment approach is best, it is comforting that neither side approaches the subject with the zeal of a fanatic. Pragmatism is an invaluable trait in investment professionals charged with managing investors’ money.
Active? Passive? Two viewpoints to consider
“Past performance is no guarantee of future returns”. These words any investor — individual or institutional — will see on fund fact sheets or other literature produced by fund managers.