Active versus Passive: Old Wine in New Wine Skins
Eric Sorensen, Nicholas Alonso, Sebastian Lancetti and Daniel Belanger
The Journal of Portfolio Management February 2022, 48 (3) 8-24; DOI: https://doi.org/10.3905/jpm.2021.1.325
Eric Sorensen
is the CEO of PanAgora Asset Management in Boston, MA
Nicholas Alonso
is the director of the multi-asset group at PanAgora Asset Management in Boston, MA
Sebastian Lancetti
is a director and head of strategy for PanAgora Asset Management in Boston, MA
Daniel Belanger
is an analyst on the portfolio strategy team at PanAgora Asset Management in Boston, MA
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In this issue
The Journal of Portfolio Management
Vol. 48, Issue 3
February 2022
Active versus Passive: Old Wine in New Wine Skins
Eric Sorensen, Nicholas Alonso, Sebastian Lancetti, Daniel Belanger
The Journal of Portfolio Management Jan 2022, 48 (3) 8-24; DOI: 10.3905/jpm.2021.1.325
Jump to section
- Article
- Abstract
- CONCENTRATION CYCLES
- WHY THE PASSIVE INDEX
- THE CROWD GETS LARGER
- VARIOUS ALTERNATIVES VERSUS PASSIVE
- CONDITIONALITY COUNTS
- MONETARY CONDITIONS
- INTEREST RATE CONDITIONS
- HISTORICAL PHASES OF CONCENTRATION AND WEIGHTING STRATEGIES
- SIMULATING ACTIVE STOCK SELECTION WITH SKILL
- CORROBORATION FROM REAL PORTFOLIOS USING EVESTMENT DATA
- SUMMARY
- APPENDIX
- ENDNOTES
- REFERENCES
- Info & Metrics
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