Who Will Be the Next Larry Fink?

Clearly, improved performance is an age-old aspirational goal of the active management industry – one that has proven elusive. But in a sign of the times – namely leveraging advanced technology and drawing inspiration from other industries — there is an emerging approach to active management that has demonstrated its ability to outperform. It is bu... See more

For the active management industry, a door is opening with the emergence of actively managed ETFs. Simply repackaging traditional funds as active ETFs is nothing more than a new coat of paint on a jalopy, and they won’t stop the hemorrhaging from active funds. But if the investment engine is upgraded to HC2.0, and packaged in an active ETF, then yo... See more