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The Impact of Scale on the Performance of Active Managers

  • February 7th, 2017
  • bam-experts

Diseconomies of scale and their impact on active manager performance. There is a large body of overwhelming evidence that past performance is at best a poor predictor of active managers’ future performance. That is why the SEC requires that common and familiar disclaimer. There are many explanations for the difficulty that active managers face in… Read More

 

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