Redefining diversification in a concentrated market

For years, the debate around active versus passive investing has raged on. And over the past decade, passive strategies have gained popularity thanks to their simplicity, low costs, and strong performance as markets have climbed to record highs. While, for some, this performance has strengthened the case against active investing, it is also a double-edged sword. Markets, like tides, are constantly shifting – as highlighted by recent moves resulting from President Trump’s trade tariff announcements. Active strategies navigate these shifts with intent, while passive portfolios are bound to the...