You could say that passive investing is the path of least resistance. It provides a low-cost, low-touch entry into the sharemarket. By contrast, active management takes more time, more deliberation and more humility.
But the passive versus active debate is a thing of the past and today's investors are more interested in finding the right balance between the two. In active management and particularly in growth investing, one fund manager has withstood the test of eight decades: T. Rowe Price.
The group is a familiar brand in the US, managing more than 1.6 trillion dollars in assets. Of that pool, it manages around $10 billion in international equities for the local market.
In this issue, T. Rowe Price's US-based global growth equities expert Scott Berg describes the fund's strategy and what separates them from other active managers.