Hedge fund manager Joel Greenblatt, author of The Little Book that Beats the Market, uses what he calls a “magic formula” to earn returns that outperform the market. In a…
Day: July 6, 2016
How to Measure a Fund’s Level of “Active” Investing
Investors and a growing number of regulators are taking a closer look at funds that claim to be actively managed but, in fact, may not be justifying their hefty fees.…