OxTalks will soon move to the new Halo platform and will become 'Oxford Events.' There will be a need for an OxTalks freeze. This was previously planned for Friday 14th November – a new date will be shared as soon as it is available (full details will be available on the Staff Gateway).
In the meantime, the OxTalks site will remain active and events will continue to be published.
If staff have any questions about the Oxford Events launch, please contact halo@digital.ox.ac.uk
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.
