03 November 2009

Dr. Howard continues the Fama-French debate in a recent issue of Advisor Perspectives.

Six years ago Tom Howard would have said that hiring an active manager was the triumph of hope over reality. But my own research, along with the growing body of manager-decision research, has convinced him otherwise. Before settling for an old, stale notion regarding active management, you owe it to yourself and to your clients to understand the investment implications of this emerging body of research.

Read the entire article at Advisor Perspectives.