Date of Award
5-2012
Document Type
Honors Thesis
Degree Name
Bachelor of Arts
Department
Business Administration
Abstract
This study documents the monthly performance of active versus passive investing over the last 25 years. It also identifies several variables that are closely related to the current and next month’s success of one over the other. Three useful factors identified include the Fed funds rate, the VIX volatility index, and Russell Investments’ CrossVolTM index. All three are valuable in explaining and predicting the success of active management to certain extent.
Recommended Citation
Birla, Richa, "Determinants of the Success of Active vs. Passive Investment Strategy" (2012). Business/Business Administration. 10.
https://scholarsarchive.library.albany.edu/honorscollege_business/10