The Overlooked Persistence of Active Outperformance
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White Paper
With stock markets fueled by extraordinary central bank intervention in the wake of the Global Financial Crisis, passive equity strategies have seen great success in terms of performance, fund flows and press coverage. Often overlooked in the haste to declare a victor in the active/passive debate, however, is the fact that active outperformance has persisted across a wide swath of managers over various time periods and market regimes.
