If passive investing is such a no-brainer, why is the active alternative still so popular? The answers lie in the fund management industry itself. The passive approach is great for the individual investor, but much less profitable for the fund managers (even though they know - and frequently admit - that it makes sense). But lack of awareness among investors and the illusion that experts can always beat the average market return has ensured that, until now, emotion has outweighed evidence.
Featuring Rick Ferri, Jasmine Birtles, Ken French, David Booth, Weston Wellington, Ben Johnson, Igors Alferovs and Richard Wood.