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)
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)