Why a Busy Fund Manager Isn’t Always Best

Ted

FYI: Just how active is the manager of your actively managed mutual fund? And how much does it matter?

A debate is on over the concept of “active share”—a measure of how much a portfolio’s stocks differ from those in its benchmark. The issue is whether it is a valid way to evaluate managers
Regards,
Ted
http://online.wsj.com/articles/why-a-busy-mutual-fund-manager-isnt-always-best-1415048459?tesla=y&mg=reno64-wsj&url=http://online.wsj.com/article/SB11035627169406564433404580202251947039686.html&fpid=2,7,121,122,201,401,641,1009

Fidelity Study: https://www.fidelity.com/bin-public/060_www_fidelity_com/documents/leadership-series_active-share.pdf

Tampabay

Don't know about "busy fund Managers" but I have found in life and Business, If you want something done (right) get a "busy" person to do it..
I would assume same applies to investing...
How about evaluating managers on how best they meet YOUR benchmark?

Tampabay

Ok If you really want to get Deep: http://seekingalpha.com/article/2501325-performance-how-do-i-measure-thee-let-me-count-the-ways?ifp=0&v=1415277900
mainly stock buying which your managers do for you, but applies