Martijn Cremers: In Active Management, It’s Not the ’90s Anymore
Published: October 3, 2018 / Author: ThinkAdvisor
A literature review revisiting the conventional wisdom on active managers that was co-authored by finance professor and interim dean Martijn Cremers was featured in a ThinkAdvisor article.
Cremers and his co-authors concluded that in reviewing the past 20 years of academic literature, the conventional wisdom is wrong, and that studies have shown that “active managers have a variety of skills and tend to make value-added decisions, such that, after accounting for all costs, many actively managed funds appear to generate positive value for investors.”
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