Huh? Moderately Active Hedge Fund Managers Outperform Passive, Says Fed StudyMark Melin
Do active fund managers outperform passive fund managers?
The answer depends on how you define performance, a recent study from the U.S. Federal Reserve concludes. If you define performance based on absolute returns, then yes, active funds outperform passive funds. If you define performance based on measures of risk adjusted returns, then no, active funds do not outperform passive funds.
Active managers vs passive managers: The battle of profit and returns
In their recently released study, Returns to Active Management: The Case of Hedge Funds, authors Maziar . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email firstname.lastname@example.org and we will get back to you as quick as humanly possible