University of Technology Sydney: Jack of All Trades or Master of None? Impact of Specialisation on Returns
[TNSeconomicresearch] -- The University of Technology Sydney issued the following news:
A new study has found that specialist active management firms outperform those that have a more mixed offering of active and passive products, with the benefit of specialisation being 0.7 per cent a year on average.
It is the first study to explore the impact of specialisation and is published this month in the journal International Review of Financial Analysis.
Using a sample of more than 2...