Active fund management is dead - Long live active fund management
Surprising revelations to note for the passive investment community
Hard evidence and facts as presented by TAM Asset Management reveal that passive index investing has cost investors massively over the years despite low fees.
Conversely active fund management has demonstrably proven to be far more profitable over time despite slightly higher fees.
These revelations may move passive investors to re-think their strategies.
For those accustomed to discretionary fund management the article will serve to re-affirm the belief and commitment to this style of investment.