Last month we started our “Smart Beta Series” with a description on passive investments. (For those who have not gone through that yet, please refer to the July 2018 Newsletter) This month we continue in our series explaining the role of active management in the investment universe. Active management of investments is the kind of investment management that plays the largest role in investment markets currently and makes up the lion’s share of global assets under management. Today we dive a little deeper into what active management is and the pro’s and con’s thereof. What is active management? Active management is effectively any strategy that aims to outperform the market, as measured by th