21/11/2017 – Active management : The reasons behind the boutiques overperformance
On average, active managers underperform over the long term. However, a recent study has shown that not all active managers are created equal. Indeed, boutiques have been shown to overperform significantly the non-boutique firms. How can we define a boutique and what is the reason behind their overperformance ?
Leave a Reply
Want to join the discussion?Feel free to contribute!