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Asset managers earn a markedly higher advisory fee from active investment strategy and rightly so, since given the relatively more trading of assets, active investing incurs higher transaction costs but more importantly because active management relies on the skill of the asset manager which needs to be duly compensated with a higher advisory fee.
FORBES: BlackRock Priced A Bit Too Richly With Passive Investing So Popular
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Last, we looked at transaction rates in each city to determine where the housing markets are most active.
FORBES: Magazine Article
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At a low enough rate a financial transaction tax would not impact buy-and-hold investors at all, while barely ruffling active traders.
FORBES: A Tax Both Ayn Rand And Ralph Nader Could Love
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Then in 2004 Motsepe did a complex transaction involving ARMgold, Harmony and Avmin, a miner of base and precious metals with an exploration division active in Zambia, Congo and Namibia.
FORBES: On The Cover/Top Stories