Browsing: active management

Posts Tagged ‘ active management ’

Active Management, the Business Cycle, and the Silk Road

Jul 31st, 2018 | Filed under: Newly Added, Retail Investing, Alpha & Beta, The Global Economy & Currencies, Macroeconomics, Allocating to A.I., Finance & Economics, Other Topics in A.I.

LPL Financial’s 2018 Forum Conference for investors took place in Boston this week, Sunday through Tuesday. This is an annual event that brings together thousands of advisors and program managers to discuss industry issues and new products. LPL is an independent broker-dealer headquartered in Boston, with offices in Fort Mill,Read More


Institutional Investors Wary of Passivity

Mar 1st, 2018 | Filed under: Newly Added, Alpha & Beta, Institutional Asset Management, SRI and Clean Energy, Allocating to A.I., Other Topics in A.I.

Natixis’ Center for Investor Insight surveyed 500 institutional investors in the fall of 2017 about long-term objectives, short-term opportunities, and the concomitant pressures. In a new paper, Natixis discusses the Center’s take-a-ways from this survey Geopolitical events are the most worrisome prospect on the minds of the decision makers atRead More


Survey Respondents: Market Volatility is the Gravest Threat Just Now

Mar 26th, 2017 | Filed under: Newly Added, Alpha & Beta, Institutional Investing, Institutional Asset Management, Allocating to A.I.

Natixis Global Asset Management is out with its annual survey of institutional investors and their views about alternative investors. The survey included institutions around the world and of many distinct classes: corporate and public pension funds, insurance funds, sovereign wealth funds, endowments/foundations, managing amongst them $15.5 trillion. The break-down ofRead More


McKinsey: Historically Anomalous Period Nears an End

Nov 6th, 2016 | Filed under: Newly Added, Infrastructure, The A.I. Industry, Operationally Intensive Real Assets, Alternative Investments in Context, Real Assets

McKinsey & Co. has posted a new report assessing the state and the future of the North American asset management industry, encompassing both active and passive managers and looking at five mega-trends. Skipping to the chase, the trends are these: The end of an anomalous eta of “exceptional investment returns.”Read More


Active vs. Passive Money Management

Apr 11th, 2016 | Filed under: Newly Added, Retail Investing, High-net-worth investors, Institutional Asset Management, Allocating to A.I., Other Topics in A.I.

By Baird’s Asset Manager Research Exploring the costs and benefits of two alternative investment approaches Synopsis Proponents of active and passive investment management styles have made exhaustive and valid arguments for and against both approaches. Each has its merits and inherent drawbacks, and this paper will not endorse one styleRead More


Investing in the Investor

Sep 4th, 2014 | Filed under: Hedge Fund Industry Trends, Retail Investing, Institutional Investing, Alpha Strategies

Guest columnist Diane Harrison looks at what advisors think of hedge funds.Read More


What Will Drive ETF Growth? Not Active Management

Feb 3rd, 2014 | Filed under: Alpha Strategies, ETFs

Pimco is expanding its active ETF offerings significantly. By serendipity, The Cerulli Edge contains some fascinating data on the growth of the ETF industry. both active and passive. Read More


Healthcare Nonprofit Investments: The Case for Boredom

Sep 11th, 2012 | Filed under: Institutional Investing, Asset allocation

It is good that the stuffy old healthcare organizational folks stuck with fixed income investments!, because those investments did better than any other asset class as a component of their FY2011 returns. Fixed income returned 5.4 percent. The more exciting field of international equities was the big loser, with a -10.9 percent return.Read More


Don’t Fear Hedge Funds or Directional Strategies

May 23rd, 2012 | Filed under: Hedge Fund Industry Trends, Institutional Investing, Alpha Strategies

Hedge funds as a class have performed quite well since 1994. As one might expect, distinct hedge fund strategies yield distinct results. Long/short equity strategies (or “equity hedge” strategies as KPMG calls them) have done best. Generally speaking, hedge funds willing to make directional bets have outperformed those that stick to relative-value plays.Read More


Not Just Fire Sales: Contrarian Hedge Funds Find Alpha

Apr 16th, 2012 | Filed under: Hedge Fund Strategies, Alpha Hunters, Alpha Strategies

Although distressed“fire sales” are fewer in some periods than in others, it is true all around the business cycle that mutual fund managers face constraints related to the need “to cater to investors by investing in the hot stocks and by having a strong positive correlation between their flow and the value of the assets in which they invest,” as a new academic paper explains. Hedge funds, with their more professional investors, their deliberate opacity, and their constraints upon withdrawal, aren’t subject to those constraints. Thus, when mutual funds are constrained to follow a trend, hedge funds are in a position to be contrarians.Read More


Alpha Hunter Lauren Templeton on Generating Alpha from Value Investing

Mar 29th, 2012 | Filed under: Alpha Hunters, Alpha Strategies

AllAboutAlpha catches up with Lauren Templeton, great niece of Sir John Templeton to discuss value investing and its alpha potential.Read More


Pension Funds and Blair’s PFI Legacy

Mar 21st, 2012 | Filed under: Infrastructure, Social investing, Institutional Investing

Britain’s Private Finance Initiative has continued through the administrations since Blair’s, and indeed has inspired emulation across the Channel. At the same time, it has stirred up a good deal of criticism, and in November 2011 the Chancellor of the Exchequer announced a plan to reform the PFI. One of the reform proposals is to seek broader participation by pension funds, or in pale bureaucratic jargon, “access a wider range of financing sources.”Read More


Algo Trading: Life in the Cross-Hairs

Mar 8th, 2012 | Filed under: Hedge Fund Regulation, Algorithmic and high-frequency trading

Three lawyers with Covington & Burlington write about the new intensified scrutiny to which regulators are subjecting algorihtmic and high frequency trading. They place it in the context of an old dispute over what constitutes market manipulation. According to the broadest view, if a trader's 'sole intent' in making even a quite ordinary buy or sell order is to move the price, then the resulting trade is market manipulation.Read More


PwC on Public Pension Managers Who ‘Do’ Hedge Funds

Mar 5th, 2012 | Filed under: Hedge Fund Industry Trends, Hedge Fund Strategies, Institutional Investing, Alpha Strategies, Fees

The question in 2012 is not whether hedge funds (and other alternative investment vehicles) can attract pension funds, but how they should go about it. Alternatives managers will benefit most from the heightened interest of pension funds if they address the continuing concerns of their pension fund colleagues. For example, pension fund managers are well aware that investment in exotic and illiquid products is something hedge funds do, and they know that these products can help make a quick exit impossible. Read More


The Shifting Hedge Fund Landscape: Operations and Due Diligence

Feb 28th, 2012 | Filed under: Hedge Fund Industry Trends, Institutional Investing, Alpha Strategies

One crucial takeaway from SEI's latest is that "the quality of operations is a major consideration in institutions' screening and evaluation of hedge funds." Eighty percent of respondents agreed with the observation that "operational strength is a hallmark of an institutional-quality hedge fund." One quarter of those say they agree "strongly." Only three percent disagree.Read More


Who said hedge funds don’t like chaos?

Feb 18th, 2010 | Filed under: Performance, Analytics & Metrics

A report from Moody's shows that hedge funds seem to hate volatility. But is this always true?Read More


Despite regulators’ concerns about placement agents, third-party marketing industry alive and well

Feb 17th, 2010 | Filed under: Institutional Investing

A new survey points to new trends in the third party marketing space, most notably the re-emergence of third-party marketers.Read More