Of course it’s possible for active fund managers to add value. But in practice, after costs, they very rarely do. Part of the problem, says Weston Wellington from Dimensional Fund Advisors, is there are far too many of them.
Being told to "rot in hell" because you campaign for a fairer, transparent investment industry isn't fun. But when the evidence is on your side it's a sign of progress, writes Robin Powell.
From 2015, Sensible Investing will be providing financial advisers with high-quality subscription content. To find out more, contact Richard Wood at [email protected]
Complete 54 minute documentary on passive investing
Most of what we see and hear about how to invest comes from either the fund industry or the financial media - both of which have their own agendas. Nine months in the making, this landmark documentary is an attempt to redress the balance.
Do fund managers really beat the market?
John Bogle on words of wisdom he received early on in his career
A full-length documentary, How to Win the Loser's Game provides ordinary investors with the information they need, and challenges the investing industry to offer consumers a fairer deal.
Part four of an eight part series
For those of us campaigning for a fairer fund industry, and a bigger role for low-cost, evidence-based investing, the last few years have been a constant struggle. But 2014 has given us cause for optimism.
A legacy pension audit by the Independent Project Board reveals £26bn exposed to high charges of up to 3%
Evidence-based investing is founded on more than half a century of independent, peer-reviewed research. But, says Professor Jens Hagendorff, there are really just two key lessons that investors need to learn.