On 28th November OxTalks will move to the new Halo platform and will become 'Oxford Events' (full details are available on the Staff Gateway).
There will be an OxTalks freeze beginning on Friday 14th November. This means you will need to publish any of your known events to OxTalks by then as there will be no facility to publish or edit events in that fortnight. During the freeze, all events will be migrated to the new Oxford Events site. It will still be possible to view events on OxTalks during this time.
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The conundrum that we address in this paper is why is active management so strongly supported (and paid) when the evidence suggests that it does nothing for its clients. We first discuss the evidence that provides the supports this statement and then attempt to provide an explanation. In so doing we will consider such topics as whether fund managers are bereft of skills, why lack of skills should not dissuade one from pursuing a career in the industry, the principal-agent problems that plague the industry and many more.
