Fixed-Income: The Achilles Heel of Indexing
Passive managers on the insulation of fixed-income from the index investing sea change.
This analyst blog is part of our coverage of the 2017 Morningstar Investment Conference.
The active-passive debate is a hot-button issue in today's investment world. Low costs and outperformance versus active complements, in some cases, have led many investors to more readily allocate their portfolios to passives than traditional actively managed funds in equities, where passive investments have taken meaningful market share from their active counterparts in recent years.