Active Stock Picking Is Getting Harder

Apr 19, 2023

Active fund managers faced unprecedented underperformance in 2022, with data revealing most couldn't beat their benchmarks even during market downturns. The discussion highlights the shift from active to passive investing, particularly in Europe, where trust in managers is wavering. Delving into emerging markets, the complexities of stock picking and the potential advantages of local managers are examined. The podcast also explores the paradox of academic credentials in investment success and the inherent risks and challenges in selecting effective funds.