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Bridge over ocean
1 September 2005 Financial Analysts Journal Volume 61, Issue 5

Are Active Management Fees Too High?

  1. Richard M. Ennis

The potential payoff from active management has waned over the past 60 years, but the price of active management is at or near its all-time high. What does this seeming paradox imply for the future of investment management?

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Publisher Information
CFA Institute 8 pages doi.org/10.2469/faj.v61.n5.2755 ISSN/ISBN: 0015-198X