In the first of a new regular series for Professional Adviser reviewing the hot topics that have been keeping him busy over the past month, John Husselbee considers issues thrown up by the so-called active/passive 'debate'
The choice between active and passive styles of investing remains a divisive issue in financial circles but, for me, the more important point is that the growing focus on this subject could potentially be leading investors into some serious mistakes. I enjoy reading many of the financial publications that cross my desk and working on a client presentation after the Christmas break led to me to recall several points outlined in a book that distracted me from turkey and mince pies over the recent holiday period. Written by several senior money managers from US firm Epoch Investment Part...
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