Asset Management

Active versus passive? It’s all about timing

There are market conditions in which active asset managers thrive, study finds - we just ain't in 'em

Trading up: active fund managers may be set for a change in fortunes
Trading up: active fund managers may be set for a change in fortunes Photo: iStock

Who killed active fund management? Janet Yellen, Mario Draghi and Mark Carney - and they did it with kindness. But it might be due a revival.

Karen McQuiston, Harsh Parikh and Sujian Zhi have the numbers to prove it. The trio, who work for Prudential Global Investment Management, known as PGIM, have penned a paper looking at what kinds of markets suit active fund management, and which don't.

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The Worst Performer in Billionaires’ Portfolios? Trophy Art.External link

The Worst Performer in Billionaires’ Portfolios? Trophy Art.