A common debate amongst investment professionals relates to “active vs. passive” management styles within mutual fund and exchange traded fund selection. One of the common arguments from those favoring an “active” strategy is that active managers can find and add value during market volatility or market downturns. The advantages of passive management strategies outweigh the cost and risks associated with active managers. Given that 2020 has been filled with uncertainty, unique opportunities/risks, and a 30% equity downturn, we wanted to revisit and review the recent results to see if active management added value to client portfolios. Active managed strategies focus on the belief that mutu
With the 2nd quarter now behind us, we move towards the second half of 2020 cautiously optimistic about the future of the global economy. The first two quarters of 2020 proved to be filled with unique situations. The capital markets experienced volatility last seen in the 2008/2009 financial crisis leading to 30%+ market decline in the S&P 500. Meanwhile the second quarter market rally recuperated much of those losses leaving the S&P 500 trading at a year-to-date loss of approximately 3% as of the time of this email. Recent economic information remains positive, while the health care crisis remains uncertain and concerning. Important takeaways from the recent market events: The market contin
