Hedge Funds and the Active Management Crisis

It’s been a terrible decade for hedge funds.  According to James Bianco, 76% of active managers have underperformed the benchmark indices.  It makes a good case for passive investing.  (CFA Institute – Hedge Funds and the Active Management Crisis)

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s