Sentences with phrase «average active manager»

At Harris Associates, we believe «closet indexers» are primarily to blame for the average active manager underperformance.

There were only two areas in the global market where the average active manager outperformed over the previous 10 years, and they didn't do it by much.

But the cost of running an active strategy means that the average active manager will typically underperform an index appropriate to his investment style, as our SPIVA reports have long demonstrated.

At Harris Associates, we believe «closet indexers» are primarily to blame for the average active manager underperformance.

One of the main arguments against «active management» is that the average active manager loses to index funds — but this is like saying the Pope is Catholic or bears crap in the woods.

Burton G. Malkiel: You're Paying Too Much for Investment Help Index funds have far outperformed the average active manager, and at a far lower cost to the investor.

Over the past five years, the average active manager has outperformed the Bloomberg Barclays U.S. Aggregate Bond Index by more than 11 bps (cumulative).

Investors have the choice of the informationless index, which typically does well versus the average active manager.

It's commonly recognized that the average active manager underperforms the market.

The underperformance of the average active manager is therefore especially striking — since the average randomly - selected portfolio would have readily outperformed.

In 2014 as in most prior years, the underperformance of the average active manager is striking.