---
title: Active Management Value
url: https://www.ml-quant.com/papers/ssrn/5256515/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 5256515
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5256515
featured: 2025-05-21
citations: unknown
topic: Macro-Finance & Rates
---


# Active Management Value

Only a small percentage of active US equity and bond funds, which investors pay a premium for, actually increase the investor's utility.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5256515
- Identifier: SSRN 5256515
- Released: 2025-05-15
- First featured: Quant Letter No. 98 (2025-05-21): https://www.ml-quant.com/issues/2025-05-21/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Macro-Finance & Rates

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