Research & Thought Leadership

Below you will find a growing library of research, commentary and investing insights designed to help investors make informed decisions for investment planning and portfolio construction.

AMC Research & Commentary | Market Specific Commentary | General Active/Passive Commentary | Investment Strategy | Misc

AMC Research & Commentary:

Rethinking Survivorship Bias in Active/Passive Comparisons

Sustainable Investing is an Active Process

A More Balanced Narrative – Setting the Record Straight on Active Management

Active Management and Market Efficiency: A Summary of the Academic Literature

Active Investing and the Efficiency of Security Markets

Challenging the Conventional Wisdom on Active Management: A Review of the Past 20 Years of Academic Literature on Actively Managed Mutual Funds

Market Specific Commentary:

• Active Investing and the Efficiency of Security Markets - Russ Wermers, University of Maryland Robert H. Smith School of Business for the Active Managers Council 
• The waiting game: Ten market trends institutional investors are watching for in 2020 - Natixis Investment Managers
• Rising Debt and Deteriorating Credit Quality Expose Potential Risks of Index Investing - American Century Investments
• Looking for Easy Games in Bonds - BlueMountain Capital
• Emerging Markets: Three Reasons Why We Believe Active Makes Sense - Lord Abbett
• Debunking the High Yield Index and High Yield ETFs - Diamond Hill Capital Management
• Consider active management in idiosyncratic high-yield bond market - Fidelity
• The active approach to investing in international demographic trends – Fidelity
• The Benefits of Active Management Are Clear, Especially in the Securitized Mortgage Market - PIMCO
• Bonds Are Different Active Versus Passive Management in 12 Points – PIMCO
• Why active managers are well placed to take advantage of social, economic and political regime change - Columbia Threadneedle

General Active/Passive Commentary:

• Back to Reality: The Important Role of Active Management in Defined Contribution Plans - MFS
• Rethinking Survivorship Bias in Active/Passive Comparisons - Active Managers Council 
• Sustainable Investing is an Active Process - Active Managers Council 
• A More Balanced Narrative – Setting the Record Straight on Active Management - David F. Lafferty, CFA for the Active Managers Council
• Active Management and Market Efficiency: A Summary of the Academic Literature - Active Managers Council
• Challenging the Conventional Wisdom on Active Management: A Review of the Past 20 Years of Academic Literature on Actively Managed Mutual Funds - Martjin Cremers, University of Notre Dame; Jon A. Fulkerson, University of Dayton, and Timothy B. Riley, University of Arkansas for the Active Managers Council 
• On Board With a Long-Term View - MFS
• Active Management Bears Watching - MFS
• Active investing – The cyclicality of performance - Fidelity
• Actively Pursuing Outperformance - Franklin Templeton
• The Value of Active – Franklin Templeton
• Making the implicit explicit - A framework for the active-passive decision – Vanguard
• The Cyclical Nature of Active and Passive Investing – HartfordFunds
• Passive Investing Another Financial Bubble – Brandes
• Understanding the case for active management - Dodge & Cox

Investment Strategy:

• Can switching to index funds reduce risk - Fidelity
• Purpose-Driven Investing – Franklin Templeton

Misc:

• The Independent Boutique Advantage In Volatile Markets - AMG
• US Fund Fee Study - Morningstar
• The Hidden Pressures on Asset Managers – Boston Consulting Group
• What Investors Really Want – Franklin Templeton
• The Boutique Premium - The Boutique Advantage in Generating Alpha - AMG