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Ash Williams: Passive Investing’s Use Is an ‘Illusion’ That’s Now Dispelled
It’s a creature of another time, and active management is needed for today’s challenges, the investment legend argues.
Morgan Stanley takes over from longstanding CIO and his team.
Investors will need help hitting even reduced target returns in the coming years, says Goldman Sachs report.
Sure, passive beats active hollow overall, but ferreting out the market beaters is worth it. Some pension funds heartily agree, some really don’t.
The move is aimed at providing an incentive for active managers to boost returns.
Investment may increase by $200 million.
Change could be finalized by April.
University says high returns justify the cost of actively managed investments.
Economic development in emerging markets is predicted to be led by rising levels of education, infrastructure investment, and innovation.