Assessing Active vs. Passive Strategies in the Current Environment: Considering the Past to Look Forward

Erik Knutzen, CFA, CAIA, Chief Investment Officer

The role of active investment strategies remains a hotly debated topic as many active managers have struggled in the current environment. In this paper NEPC lays out a basic framework for evaluating the active vs. passive decision and provides a roadmap for assessing these strategies across an investment program.

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