The investment debate of the century

The debate amongst investment professionals as to whether investors should use an “active” fund manager or a “passive” index-tracking fund manager has been raging since the early 1970s. While the controversy might not invigorate the public, uttering the phrase “passive versus active” will get any fund manager’s blood boiling. In the world of investing, it is a rivalry up there with the All Blacks versus the Wallabies’. Each team staunchly supports their own view and rubbishes their opponent’s side whenever possible. Commentary from each side is appallingly biased, as most authors tend to be in strong favour of the particular product that they are peddling. Therefore, I need to be upfront with you and confess that Pie Funds is an active fund manager. My review of this debate cannot be entirely neutral. But unlike many who have sparred before me, I promise to present both sides of the argument. (VIEW LINK)