Sponsored Yale Study: A Third Of Mutual Funds Are ‘Closet Indexers’ A study by finance professors at Yale School of Management has found that about one-third of mutual funds in the U.S. that claim to be actively-managed are actually tracking indices. August 21, 2006
This content is from: Portfolio A Reality Check on Active Share The widely touted metric of active management has little correlation with actual investment performance. By Andrea Frazzini, Jacques Friedman and Lukasz Pomorski April 30, 2015
This content is from: Portfolio This Signal Showed Promise in Identifying Top Active Managers. But the Results Have Been Disappointing. Instead of choosing concentrated or best ideas funds — those with high active share — asset owners would have been better off doing the opposite. By Hannah Zhang November 30, 2021
This content is from: RIAIntel A Valuable Tool for Selecting Active Managers Just Got Even Better Notre Dame professor Martijn Cremers’ ActiveShare.info website helps advisors spot closet indexers and more. By Michael Thrasher September 15, 2020
This content is from: Portfolio Polen Capital Gets Big Results with High-Conviction Equity Strategy By investing in a relative handful of stocks, U.S. firm Polen Capital has far outstripped the S&P 500 over the long haul. By David Turner June 23, 2015
This content is from: Portfolio Career Risk Is One of the Biggest Enemies of Alpha For investors, overcoming the often unconscious desire to play it safe can be a major obstacle to beating the market. By Julie Segal November 29, 2013
