Proponents of passive investing, which favours index-tracking solutions like exchange-traded funds (ETFs), argue that there is ample evidence that active managers cannot consistently beat the market over time.

On the other hand, active asset managers contend that passive strategies, which purchase shares in proportion to their index weighting, are being inflated by the dominance of large technology stocks that account for a disproportionate chunk of the particular index...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now