Asset Managers – Page 126
-
Special Report
Active Management: The active-versus-active debate
Tracking error has often been used as shorthand for ‘activeness’ in portfolio management. Eric Colson explains the weakness of that approach, and how active share is a much stronger predictor of active performance
-
Special Report
Active Management: Passive skeletons in the active closet
Charlotte Moore tests the limits of quantitative measures of ‘activeness’ in portfolio management, and finds that a good dose of qualitative common sense is a vital part of the manager selection process
-
Special Report
Active Management: Diluting by concentrating
Concentrated portfolios can look like a proxy for high-conviction and high-alpha portfolios. Martin Steward asks if the two things necessarily follow one another
-
Special Report
Active Management: The portfolio tax
C Thomas Howard argues that active equity fund managers are superior stock pickers but destructive portfolio managers, to the extent that stockpicking skill is completely wasted
-
Special Report
Active Management: Understanding investment skill
Rather than outcomes-oriented measures, Michael Ervolini argues that to assess active managers’ skills they need to be isolated by comparing their portfolios with alternative, ‘adjusted’ portfolios
-
Special Report
Active Management: DIY active
Charlotte Moore looks at the smart beta phenomenon and asks, is it really ‘smart beta’, or rather ‘cheap active’?
-
NewsFriday people roundup
Morningstar Investment Management, La Française AM, Redington, Union Investment, Kames Capital
-
News
Larger Dutch schemes pay more for asset management, survey shows
LCP reveals findings of survey on Dutch pension funds’ asset management fees
-
News
Amundi, EDF in joint venture to offer energy-transition financing funds
New asset management company targets €1.5bn fundraising
-
NewsWednesday people roundup
UK Investor Forum, Ballast Nedam, JP Morgan Asset Management, Schroders, Union Bancaire Privée, Aviva Investors, Investec Asset Management
-
NewsIntricate risk controls have damaged portfolios, says 300 Club
Idaho’s Bob Maynard says ‘transparency’ should be main method of controlling risk
-
News
UK roundup: Ashridge Pension Scheme, P-Solve, Legal & General, PRIAC
The £50m Ashridge scheme selects P-Solve for fiduciary mandate focusing on manager selection, tactical allocations
-
News
USS, RPMI to sit on UK Investor Forum board
Investor Forum also announces John Kay, author of key report that led to its foundation, as board member
-
News
Mandate roundup: IPE-Quest, Sutton, M&G, Berkshire, RWC
German corporate investor seeks manager for high-yield US corporate bond mandate
-
NewsAsset management roundup: Swisscanto, ZKB, Amundi, Bawag PSK
Swiss cantonal bank ZKB in talks with Swisscanto over possible takeover
-
News
UK roundup: Merseyside Pension Fund, Research Machines scheme, PIC
The £6.1bn Merseyside Pension Fund returns 6.2%, aided by successful European equities, property
-
News
Lothian wins approval for standalone investment company
Scottish local authority fund proposed launch of special purpose vehicle amid concerns over ability to retain staff
-
NewsBulk annuity, fiduciary market growth entices Aon Hewitt to launch merged solution
New service to combine delegation of asset management, buyout of liabilities with insurance company
-
News
Mandate roundup: Merseyside Pension Fund, Unigestion, Pension Protection Fund
Merseyside Pension Fund re-appoints Unigestion for European equities mandate
-
News
Prudential backs Welsh hydro-power plant despite annuity market changes
Prudential, one of six insurers to commit £25bn to government infrastructure plan, provides capital for £1bn tidal-energy plant in Wales
