Active management

Anson Blog

April 26, 2017

The Odds of Beating the Odds

Only 17% of U.S. equity mutual funds have survived and outperformed their benchmarks over the last 15 years.  When it comes to choosing the funds for a company’s 401(k) plan, the truth is that the deck is stacked against the decision-maker. A study by the Wall Street Journal […]
June 30, 2016
Failure of Active Management

The Failure of Active Management

Research by Eugene Fama and other financial academics has offered evidence that the bond markets are efficient and that interest rates and bond prices do not move predictably. This appears to be the case with all types of issues, from short-term government instruments to long-term corporate bonds. This […]