Arrival of ETFs – Are Pension Funds in Luck?

Arrival of ETFs – Are Pension Funds in Luck?

In recent years active investment management has come under more scrutiny than ever before. The reason is clear – of late, most active managers, particularly those focused on large-cap stocks, have struggled to beat their benchmarks.

Picking stocks is hard, picking other people to pick stocks for you is even harder – and this is the daily challenge

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