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.

 

Sponsored Content

Leave a Comment

Sort content by

Warren Buffett’s excellent adventure

'Youngster’ Warren Buffett (85) rebuffed risks from sugar and climate change as he toured the American economy with his ‘older’ offsider, Charlie Munger (92), presenting at the Berkshire Hathaway AGM .

Pay for performance

Pension fund executive pay varies widely around the globe, with differences based on internal management and alternatives exposures. Amanda White examines pension fund executive pay.

A long way to go

It’s all very well to have diversity, but most people lack the tools for how to get the best out of a diverse team. Instead the reverse is true and diversity can lead to an unlevel playing field.

Too much of a good thing

Experts at the Thinking Ahead Institute outline the pitfalls of implementing team diversity, , when too much diversity fails us, and how organisations can be champions for change.

Income the key dimension

Risk should be defined as the inability to meet retirement income goals, so investors and their managers should forget alpha and other “distractions”, according to David Booth.

Worlds colliding

The debate about the effect of pay inequality on both the financial and real-world markets is about to get a whole lot hotter this year.

Previous