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 Danish business daily Borsen. Danish fund management company Skagen Fondene disagrees.

Aswath Damodaran, Professor of Finance at the Stern School of Business at New York University. | Photo: PR NUY.

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.

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Finance guru dismisses active asset management as waste of money

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Front page now

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Further reading

World's best EMD team still waiting for clients to return to Danske AM

Invesco seeing increased demand for Fixed income ETFs from Nordic investors

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Storeband increases stake in Danish infrastructure manager to become majority owner

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World's best EMD team still waiting for clients to return to Danske AM

Invesco seeing increased demand for Fixed income ETFs from Nordic investors

Nordic institutional investors still see potential in beleaguered Swedish battery producer

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