WORLDVIEW: Active v Passive – Desperate times, desperate arguments. Don’t buy them.
I'm delighted to welcome our latest contributor to Worldview – my hugely talented long-time colleague Felicity Duncan. Those who discovered Biznews in the very early days will recall her superb contributions. And will be as excited as me to have our Fulbright scholar (and ex US journalism prof) on the Worldview team.
SA born and bred but now based in Philadelphia, Felicity graduated from the Moneyweb internship programme and progressed swiftly to head the company's editorial team. She and the inimitable Jackie Cameron did much to help get Biznews off the ground.
In today's contribution, Felicity puts the spotlight back on the investment world's big battle between active and passive managers – one the former is winning hands down. It looks to me a little like desperate times require desperate measures…
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