Passive Aggressive – Measuring Risks of Passive Investing Using the Pain Index
March 16, 2017 at 07:00 AM EDT
By Marc Odo, Swan Global Investments The battle between active and passive management has been raging for years, but in 2016 the momentum was all on the side of passively managed ETFs and mutual funds. BlackRock, Vanguard, and StateStreet occupy the top spots on the AUM tables, each passively...