Whether it involves skill, good judgment or just plain luck, choosing the right manager is never an exact science but recently published research reveals institutional investors can make better decisions by avoiding conventional wisdom around past performance.
A common belief in the value of a risk-based approach to asset allocation, and a courtship of eight months, has culminated in Jeff Scott being appointed the first chief investment officer of US consulting firm, Wurts & Associates.
US consulting firm Wurts & Associates turns 25 this year, so Amanda White spoke to the founder, Bill Wurts, and managing director, Jeff MacLean, about the company’s transformation and the plans for the next quarter of a century.
Investors wishing to meet return goals could put as much hope in prayer as in their portfolio structure, according to Wurts & Associates which was forecasting a continuing “tough” economic environment.
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