Loomis Sayles’ Aziz Hamzaogullari has questioned whether asset allocators are giving private equity more credit than it is worth, saying the case for investing in PE rests on flawed return measurement, hidden risks and high fees and that public equities should be treated with the same “patience” that PE receives.
AI dominates today’s portfolios, but the failures will outweigh the successes without genuine active management argues Loomis, Sayles & Company’s Aziz Hamzaogullari.
AI dominates today’s portfolios, but the failures will outweigh the successes without genuine active management argues Loomis, Sayles & Company’s Aziz Hamzaogullari.
Aziz Hamzaogullari, chief investment officer of growth equity strategies at Loomis Sayles, has urged active investors to focus on long-term consumer and enterprise demands, warning that chasing short-term market moods and toggling between “risk-on” and “risk-off” positions is ultimately a “loser’s game”.
Active managers has been under stress for several years due to lukewarm performance commonly attributed to the rise and rise of large cap technology stocks and passive investing. However, investors at the Top1000funds.com Fiduciary Investors Symposium concluded that the root cause of that stress might be more complicated.
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FIS 2026 at Harvard University