The active vs. passive investment management debate has raged for decades. And 2014 proved particularly tough for active managers; only 10-20 percent beat their benchmarks, and many investors moved to embrace passive management.
But First Western Trust Chief Investment Officer Debra Silversmith’s analysis shows that active management does outperform in certain market environments. WIth trouble in China and a rising interest rate environment, we could be headed for a time when active managers will once again earn their fees.
See the full story on CNBC.com here.