Failing conventionally or succeeding unconventionally?

Ryan Kuruliak, Vice President, has written a recent article in Benefits Canada entitled Failing conventionally or succeeding unconventionally? "In a previous article, I focused on the decline of active management, arguing not that the potential for active management has declined over the past few decades, but that the practice of active management has declined. Put another way, empirical evidence demonstrated that the nature of the investment industry has changed immensely over the years, as an increasing number of assets became managed in a way that made it increasingly unlikely for so-called active investors to outperform."...