Gopane, Thabo J.; Moyo, Noel T.; Setaka, Lesego F. - In: Journal of capital markets studies 8 (2024) 1, pp. 6-24
Purpose Stirred by scant regard for market phases in portfolio performance assessments, the current paper investigates the active versus passive investment strategies under the bull and bear market conditions in emerging markets focusing on South Africa as a case study....