Active managers' outperformance set to continue as stock correlations decline
AB Bernstein report
Analysts at AB Bernstein expect active managers to continue and even improve on their recent strong performance as correlations between stocks fall and value spreads widen, making it easier to discriminate between the winning and losing stocks.
In the report The Great Correlation Collapse Continues - Where to Look for Alpha?, seen by Investment Week, analysts said stock correlations had reached their lowest point in the past decade while factor...
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