The recent market turmoil has once again made this a stock pickers’ market

Who says the stock picker is dead? As volatility has returned to the markets, investors would be wise to turn to active management over passive management, one market watcher argues.

While the market has managed to recoup most of its losses since the February lows, investors would be wise to consider active management, said Michael Bapis, partner and managing director at the Bapis Group at HighTower Advisors. Here are his reasons why.

• There's been a recent transition to active management and investing, and that's more important than ever given the volatility.

• Active management relies on selecting individual investments, like single stocks, rather than putting money to work in a passive investment vehicle like exchange-traded funds, which tend to be relatively inexpensive.

• Active managers can select individual equities in a difficult market. Last year was a historically strong time for the market, and it's gotten rockier in 2018.

• Active management will not go away; investors are willing to spend more to seek better-than-average performance as volatility rises.

Bottom line: According to one money manager, there is a renewed focus on the importance of active management amid recent market volatility.

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Trading Nation is a multimedia financial news program that shows investors and traders how to use the news of the day to their advantage. This is where experts from across the financial world – including macro strategists, technical analysts, stock-pickers, and traders who specialize in options, currencies, and fixed income – come together to find the best ways to capitalize on recent developments in the market. Trading Nation: Where headlines become opportunities.

Michael Santoli

Michael Santoli joined CNBC in October 2015 as a Senior Markets Commentator, based at the network's Global Headquarters in Englewood Cliffs, N.J.  Santoli brings his extensive markets expertise to CNBC's Business Day programming, with a regular appearance on CNBC's “Closing Bell (M-F, 3PM-5PM ET).   In addition, he contributes to CNBCand CNBC PRO, writing regular articles and creating original digital videos.

Previously, Santoli was a Senior Columnist at Yahoo Finance, where he wrote analysis and commentary on the stock market, corporate news and the economy. He also appeared on Yahoo Finance video programs, where he offered insights on the most important business stories of the day, and was a regular contributor to CNBC and other networks.

Follow Michael Santoli on Twitter @michaelsantoli

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