The goal of active management is to select securities that will perform better than the overall market.
积极型的管理是选择表现比其他市场良好的证券。
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Bond insurers such as MBIA and Assured Guaranty, which took hits on mortgage securities they had “wrapped” with credit enhancement, are becoming more active too.
While this illegal activity was once commonplace, it happens less frequently now, owing to active policing by the Federal Securities and Exchange Commission.