Finance guru dismisses active asset management as waste of money
Active asset management is waste of money says Professor of Finance Aswath Damodaran in an interview with newspaper Danish business daily Borsen. Danish fund management company Skagen Fondene disagrees.
by KIM WIESENER
Active asset management is bad business for investors, and asset managers don’t know what they are talking about, says Aswath Damodaran, Professor of Finance at the Stern School of Business at New York University.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Kentucky blacklists Nordic banks for ESG policies
For subscribers
Skagen Fondene CIO predicts equity slump is almost over
For subscribers
