9. Investors have been steadily investing more in passive fund relative to active funds, but the share of assets under management (AUM) in active funds is still around 60% to 65%. Pstor and Stambaugh (2012) consider the problem of determining the optimal aggregate mix of active versus passive funds. Suppose that (for whatever crazy reason) all investors other than you are suddenly restricted from investing more than 10% of their money in active funds, 2 such that the share of AUM in active funds will be close to 10% next year. You have the choice to allocate funds across active or passive funds as you wish. If you called Lubo Pstor and asked him what you should do, what advice would he likely give? Why? 9. Investors have been steadily investing more in passive fund relative to active funds, but the share of assets under management (AUM) in active funds is still around 60% to 65%. Pstor and Stambaugh (2012) consider the problem of determining the optimal aggregate mix of active versus passive funds. Suppose that (for whatever crazy reason) all investors other than you are suddenly restricted from investing more than 10% of their money in active funds, 2 such that the share of AUM in active funds will be close to 10% next year. You have the choice to allocate funds across active or passive funds as you wish. If you called Lubo Pstor and asked him what you should do, what advice would he likely give? Why