Prediction certainty 3/5 debate potential 3/5

Heller: Active alpha will never reliably return to 2000-era levels

Jenny Heller · Jennifer Heller – Thinking it Through (Capital Allocators, EP.07) · May 17, 2017 · at 37:55

Jennifer Heller, CIO of Brandywine Trust Group, evaluates structural challenges facing active managers including Reg FD and the proliferation of hedge funds.

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“I think alpha's never going to be as high on a repeatable basis as it probably was in 2000 or one, but we still believe in active management very much.”

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