Hybrid investing makes more time for research into diversification

There is much debate over active versus passive investment, but the reality is that combining both w...

There is much debate over active versus passive investment, but the reality is that combining both within an asset allocation strategy can be the best approach - the question is when to use each. The best parts within an asset allocation strategy to turn over to passive management tend to relate to developed stock markets, where active managers can often struggle to beat the benchmarks with much consistency over the long run. Large, transparent markets with daily pricing and adequate liquidity are the perfect environment for index funds to tightly track a market. Conversely, the young...