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SVB collapse begs the question: Is active investing better than passive?
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Passively managed exchange-traded funds with exposure to Silicon Valley Bank and regional bank stocks were caught up in contagion fears.
PHOTO: AFP
SINGAPORE - The collapse of tech lender Silicon Valley Bank (SVB) on March 10 has turned people’s attention once again to the debate of active versus passive investing.
Passively managed exchange-traded funds (ETFs) with exposure to SVB and regional bank stocks were caught up in contagion fears, and fell by double digits as investors bailed out.
