RT Journal Article SR Electronic T1 Active Equity Management for the Future JF The Journal of Portfolio Management FD Institutional Investor Journals SP 60 OP 68 DO 10.3905/JPM.2009.36.1.060 VO 36 IS 1 A1 Eric H Sorensen YR 2009 UL https://pm-research.com/content/36/1/60.abstract AB Today, managers who are labeled quantitative are painted with a rather broad brush that references security breadth and formulaic empirical factor modeling, and managers who are labeled fundamental are marked by depth of analysis and human insight. Despite divergent styles, the basic differentiator is information—information sources, information processing, and information implementation. Sorensen argues that the evolution of quantitative equity investing will be marked by small, diversified, and additive elements of innovative information analysis (expert systems). As with earlier generations of quantitative equity modeling (value, quality, and so forth), the raw material will be fundamental and the goal will be to more efficiently mimic the best fundamental investors.TOPICS: Equity portfolio management, quantitative methods, security analysis and valuation