In this note we evaluate the performance of active and passive emerging markets equities (EME) funds. In the first section, we investigate if it is possible to identify active EME funds that systematically outperform passive benchmark indexes.
This section is based on a more extensive paper by Joop Huij and Thierry Post. In the next section, we examine the performance of passive EME funds, focusing on whether these funds succeed in their objective to closely track the return of a passive benchmark index. This section is based on a more extensive paper by David Blitz and Joop Huij.
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