State of Illinois Pulls $2.4 Billion From Active Managers

The video discusses the Illinois State Board of Investment's strategy to shift from active to passive investments, highlighting the benefits of passive investing such as better performance and lower costs. It addresses market trends, political influences, and the impact of political changes on investment strategies.

What is the significance of the statement 'the time of the active manager is coming back'?

How does the political aspect influence investment management in pension funds?