This is a PDF-only article. The first page of the PDF of this article appears above.
Don’t have access? Click here to request a demo
Alternatively, Call a member of the team to discuss membership options
US and Overseas: +1 646-931-9045
UK: 0207 139 1600
Log in using your username and password
In this issue
The fundamental law of active management
Jump to section
Similar Articles
Cited By...
- Long-Term Investing and the Frequency of Investment Decisions
- Measuring Investment Skill in Multi-Asset Strategies: An Empirical Study of the Information Coefficient as Weighted Rank Correlation
- Optimizing Alpha through Better Information Workflows
- Work Harder: Diligent Rebalancing and Investment Horizon
- Estimation Error and the Fundamental Law of Active Management: Is Quant Fundamentally Flawed?
- Modular Machine Learning for Model Validation: An Application to the Fundamental Law of Active Management
- Evaluating Opportunities in Active Management
- Another Look at Private Real Estate Returns by Strategy
- Do "Good Guys" Finish Last? The Relationship between Morningstar Sustainability Ratings and Mutual Fund Performance
- Do Social Media Trump News? The Relative Importance of Social Media and News Based Sentiment for Market Timing
- Comparing Strategy Risk Models on the Taiwanese Stock Market
- Practical Applications of Timing versus Sizing Skill in the Investment Process
- Capacity Analysis for Equity Funds
- Analyzing the Performance of Multifactor Investment Strategies under a Multiple Testing Framework
- Timing versus Sizing Skill in the Investment Process
- The Impact of Market Conditions on Active Equity Management
- The Impact of Market Conditions on Bond Fund Managers
- Economic Relevance of Concentration for Emerging Markets Funds Performance
- OutDex™ to Outperform an Index: Incorporating the Best of Active and Passive Investment Strategies
- A Risk-Oriented Model for Factor Timing Decisions
- No Fear of Commitment: The Role of High-Conviction * Active Management
- On the Expected Performance of Market * Timing Strategies
- The Limits of Expanding Breadth: The Trade-Offs between Diversification and Forecasting Ability
- Fundamentally Weighted Global Small Companies
- The Volume Clock: Insights into the * High-Frequency Paradigm
- The Death of Diversification Has Been Greatly * Exaggerated
- Risk On/Risk Off
- The Norway Model
- Breadth, Skill, and Time
- 130/30: By How Much Will the Information Ratio * Improve?
- The Empirical Law of Active Management: Perspectives on the Declining Skill of U.S. Fund Managers
- Invited Editorial Comment: Quantitative Equity Investing: Out of Style?
- On the Fundamental Law of Active Portfolio Management: How to Make Conditional Investments Unconditionally Optimal