Do Passive Funds Work for Emerging Markets?

Identifying a skilled manager in emerging markets is not as straightforward as it may seem, says Morningstar. To highlight this challenge even more, the number of active funds that have closed or merged over the past 10 years is around 40%. It's a common misconception that the inefficiencies in emerging markets make it easier to pinpoint skilled active managers, and investors that are seeking to access this asset class still need to conduct their due diligence. So as investors approach this asset class, they really need to make an informed decision behind what they're comfortable with in terms...