FYI: Investors have heard a lot in recent years about how active management doesn’t work, but how alternative investment strategies do. While experts offer various measures as proof of those concepts, fund performance isn’t quite so clear.
Yes, it shows that most active fund managers have a tough time beating the market and/or a relevant benchmark, but it also always highlights how a few managers break the mold. Moreover, it shows how mold is often what’s growing in alternative funds, where entire asset classes that sound good in concept have been ineffective in practice, burdened by above-average costs and trading structures that make superior results unlikely.
Regards,
Ted
http://www.richmond.com/business/personal-finance/your-funds-forget-alternative-funds-active-funds-are-better/article_2f48aa4a-572c-51e4-8a36-e6587f18f646.html
