Martijn Cremers: In Active Management, It’s Not the ’90s Anymore

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.”