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Wealth Professional | 05 Jan 2016, 04:50 PM Agree 0
Oil drops, TSX flat... Tough year ahead say bank economists... COS deal approaches deadline... Industrials, materials lower...
  • Robert Roby | 05 Jan 2016, 05:15 PM Agree 0
    I wouldn't necessarily put all active managers in the same hat. There are some who have beaten the index soundly over time, which brings up my other point. Judging returns from active and non active management on a yearly basis proves nothing at all.What we are looking for are long term results and some active managers have soundly beaten the index, which, don't forget can blow up your clients portfolio. Therefore active management in many cases protects from the downside risk. It's our responsibility to our clients to find the right mix of active and non active investments .
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