Despite this active management, several studies show limited, if any, benefit of active fund management. (financialhighway.com)
I have to ask again: Why shouldn't we regard the entire active fund management industry to be a fraud, if not legally then at least ethically? (mymoneycounselor.com)
We believe that emerging stock markets are inefficient and provide strong potential for adding value through active fund management. (schroders.com)