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BAM Intelligence

Active Management Can’t Crack Inefficient Markets

Larry Swedroe unpacks the newly released year-end 2017 SPIVA report and its look at active management’s underwhelming performance. Read more

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So Active Management Wins In Informationally Inefficient Markets?

The evidence makes clear that the real question is not whether active managers are likely to win in less informationally efficient markets, but why the myth persists. Read more

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