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   Passive Manager
   















 

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Passive Manager

An asset manager who invests assets in index portfolios or unmanaged baskets of securities and other instruments without attempting to select individual securities. Some passive managers who made little or no effort to outperform an index in the past, now try to improve upon index returns with derivatives and return enhancement strategies, blurring the line between passive and active managers. Contrast with Active Manager. See also Passive Management.

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