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John Authers & Michael Gayed: Unraveling the Peak Passive Debate

Lead-Lag Live

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The Frustration of Active Allocators

The last decade really post QE3, the entire cycle was dominated by just a few select large stocks that were driven by market cap weighted patterns indices. Peter Lynch fidelity style active mutual funds have had a horrible time at and interestingly so with global macro hedge funds. There's just no the ability to beat the market by spotting the next macro move doesn't help you very much if central banks keep pumping money.

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