Are active ETFs the next big thing or the emperor's new clothes? Sheldon MacDonald asks and answers...
here exists in philosophy and economics a concept known as "the crisis of proliferation". It was originally outlined in a book entitled Noise, which looks about as much fun to read as a telephone directory. The good news for those of us who aren't overly thrilled by critical theory and structuralism is that the idea isn't a million miles removed from the age-old problem of being spoilt for choice. This is an issue with which many investors may be all too familiar. There was a time, of course, when investing was practically a closed shop. But that was long ago. The ability to access a...
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