IFA.tv - An Enormous Waste of Money - Show 145

Friday, January 30, 2015 4,464 views

How much do investors spend every year on active management fees in pursuit of the ever-elusive alpha? How does $600 billion (or roughly the GDP of Switzerland) grab you? Is it really possible that all this money is being burned through with very little to show for it? A recent paper by State Street's Center for Applied Research breaks down these unfathomable numbers and figures out just how much alpha is truly available.

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