Passive investing has become increasingly popular as assets continue to flow into ETFs and low-fee, index-tracking funds. Passive owners now control double the shares that hedge funds do, but their turnover is less than half that of hedge funds.
In this white paper, Passive Aggressive Behavior: The Impact of Passive Ownership on Stock Selection, Empirical Research Partners examines whether the momentum around ETFs will continue and why following momentum is dangerous among stocks that have heavy passive ownership.
Please note: this white paper is intended for a buy-side audience only.
Fill out the form to the right to get the full research report, Passive Aggressive Behavior: The Impact of Passive Ownership on Stock Selection.