The advent of cheaper and more novel financial products in the last decade has placed downward fee pressure on fund managers and focused attention on the merits of active versus passive fund management.
As an active manager at Wilson Asset Management my position is clear, but in finance, scepticism is healthy and robust debate is good for both investors and the industry. Investors should be clear about the benefits and faults of both management styles.
In an article published in Cuffelinks, I outline why good active managers should outperform.
To read the full article, click here.