George Athanassakos | Real active management is worth the price

In his op-ed for The Globe and Mail, Professor George Athanassakos shared his outlook on active portfolio management and the lack of respect it receives from media and academics.

“My view has always been that active portfolio managers under perform not because of lack of stock-picking abilities, but rather because of institutional factors that force them to over diversify,” said Athanassakos.

Pulling from portfolio management studies for support, Athanassakos exposed why general statements about active portfolio managers’ under performance often disguise the truth.