Real world approach needed in active management

July 30, 2018

Modern Portfolio Theory (MPT) provides a very useful framework to think about investing, giving investors tools to help manage risk and better understand the drivers of return.

But, as a recent paper by Epoch Investment Partners points out, ultimately MPT is simply an economic model and, as helpful as it is, investors still need to understand the why behind a successful business.

To read the article published by Money Management, click here.

Categories: Insights

© GSFM 2022