Studying the active management environment

In this timely analysis, Wurts & Associates examines the active management environment, warning investors of the pitfalls of studying and choosing active managers including a reminder that reaching for high levels of benchmark relative excess returns can be potentially rewarded, but only in a marginal way relative to lower tracking error managers. It also concludes that measuring managers relative to capitalisation-weighted benchmarks isn’t fair.

 

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Bulk of pension assets still at top end

The 300 largest funds, and the seven biggest country markets, continue to control the lion’s share of global pension assets, a Willis Towers Watson study has found.

Fundamentally rewiring finance

The better aligned a society’s financial institutions are with its goals and ideals, the stronger and more successful the society will be.

Year in review

Analysing the most read stories of 2016 reveals some interesting trends. Overwhelmingly the most popular investment stories have been about fees and issues of sustainability.

Cyber, financial and climate risks

From quantum computing increasing the risk of damaging cyber attacks to towering global debt levels, pension funds are being urged to adopt clear risk strategies to manage emerging risks.

New investment culture embraces ESG

Investors are intentionally pursuing strategies that tie portfolio-level decision-making to systems level risks but they need more support in identifying opportunities for collective action.

Strength amid global turmoil

Political factors will continue to create uncertainty in investment markets, so now – more than ever – large investors need to play to their strengths.

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