A New Dawn for Active Investment Managers?

A New Dawn for Active Investment Managers?

As market gets shakier, passive funds might not be the best bets.

Spring is a season of hope and uncertainty. Will the corn crop grow tall this year? Can Zac Efron resuscitate Baywatch? But nowhere is hope and uncertainty felt more keenly than among Wall Street’s stockpickers, who are emerging from a winter of discontent with their morale bruised and their ranks decimated.

Last year saw more hedge funds shuttered than in any year since 2008, as investors…

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