Napoleon insisted he would rather have his generals be lucky than good. Increasingly, especially when investing in the US stock market, many investors opt for a passive fund, presumably viewing markets through the same prism that managers are really only ever lucky, as opposed to good. Yet many still choose active funds for a variety of reasons: a preferred investment style (or factor bias), or an alignment between the investor and the manager on the macroeconomic outlook are chief among them. ....
11 Feb 2020
Choose your own adventure
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Choose your own adventure
Blackrock Sustainable American Income Trust PLC GBP (BRSA:LON), 195 | Polar Capital Technology Trust PLC (PCT:LON), 2,805 | JPMorgan American Investment Trust Plc (JAM:LON), 959
- Published:
11 Feb 2020 -
Author:
William Heathcoat Amory -
Pages:
6
Napoleon insisted he would rather have his generals be lucky than good. Increasingly, especially when investing in the US stock market, many investors opt for a passive fund, presumably viewing markets through the same prism that managers are really only ever lucky, as opposed to good. Yet many still choose active funds for a variety of reasons: a preferred investment style (or factor bias), or an alignment between the investor and the manager on the macroeconomic outlook are chief among them. ....