Home ETFdb.com The Pitfalls of High-Conviction Strategies

The Pitfalls of High-Conviction Strategies

Active managers are increasingly being swept up in the high-conviction investment craze that follows the logic that portfolio managers should only invest in their best ideas. Doing so should result in better performance, but a new study from Cabot Investment Technology and JANA Investment Advisers finds that isn’t always the case, reports Institutional Investor.

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