We introduce a new measure of active portfolio management, Active Share, which represents the share of portfolio holdings that differ from the benchmark index holdings. (papers.ssrn.com)
Evidence that the «average active portfolio manager» does not beat the market is not evidence that these strategies don't beat the market in practice. (greenbackd.com)
If you are paying 2.5 % total, then it is reasonable to suggest that 1.25 % of that is fees for advisory services and 1.25 % for active portfolio management. (moneysense.ca)