This paper by the Becker Friedman Institute for Research in Economics at the University of Chicago finds that the active management industry has become more skilled over time. But despite this rise in skill, average fund performance has failed to improve.
To access the paper click below
Scale and skill in active management
academic, active management, perfomance, skill, University of Chicago
Singapore’s two largest asset owners, GIC and Temasek, see attractive opportunities in climate adaptation solutions – a relatively underfunded area compared to decarbonisation. The former has already made selective adaptation investments and said the opportunity set across public and private debt and equity could increase to $9 trillion by 2050.
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