Delivering Alpha Conference: When Passive Investing Is Winning

It’s no secret that major stock indices have been soaring up, up and away for many months despite all that’s been happening. The market environment has created problems for wealth managers, who have had difficulties delivering alpha against the indices. However, passive indexing may not be the best idea in certain situations, according to one expert. Q2 2021 hedge fund letters, conferences and more CNBC’s Becky Quick interviewed Mary Callahan Erdoes of JPMorgan Asset and Wealth Management, Ashbel Williams of the Florida State Board of Administration, and Jason Klein of the Memorial Sloan Kettering Cancer Center at the CNBC Delivering…