The PFC spends A LOT on its "active management" investment approach. Comparing the results to two passive benchmarks, including the PFC's own, makes clear the approach isn't worth the money spent
The Friday column: What does comparing the…
The PFC spends A LOT on its "active management" investment approach. Comparing the results to two passive benchmarks, including the PFC's own, makes clear the approach isn't worth the money spent