Behind the Numbers with Cerulli Associates:  Portfolio Evolution: Active is Dead?

Behind the Numbers with Cerulli Associates: Portfolio Evolution: Active is Dead?

Recognizing that active managers infrequently provided the outperformance paid for, and most certainly did not protect from risk during the market recession, many advisors have felt free to throw in the towel and move sector exposure to passive investments. Academic and ETF provider research supported the trend, encouraging transition toward lower cost index tracking options. Simultaneously, many advisors have sought to regain control over the destiny of their client portfolios by atte

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