Keep your focus, fund managers
If fund managers seek to deliver consistent alpha, they’d better refrain from pushing too many buttons, says Rob van Wechem, head of investments at private bank Oyens & Van Eeghen in Amsterdam.
Active Management
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Strong EM passive fund inflows pressure active fees
As the number of passive products in the emerging markets space increases, active fund managers need to outperform to justify their fees, argues a report by Cerulli Associates.
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Robots, drugs and fees: The key trends that have shaped ETFs
The last 10 years have seen ETF products grow from pre-teens to fully fledged adults, even dabbling with drugs along the way. 7IM’s passive expert and senior investment manager Peter Sleep looks back at the biggest trends.
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Research questions long-term performance of tracker funds
With the exception of funds tracking the US and UK mid caps, no passive funds have been able to generate first or second quartile performance in their respective sectors over the past 10 years, according to research from Chase de Vere.
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Is 2017 really the year of the active manager?
Within the fund industry, 2017 was widely heralded as ‘a year for active managers’. This was underpinned by a strong belief markets would once again focus on fundamentals, after a number of years when central bank policy and geopolitical concerns were driving asset prices. More than half-way the year, Expert Investor looks at the performance…
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Amundi and Pimco top 2017 Europe fund sales charts
The French asset manager Amundi has attracted most net inflows from European investors year-to-date, narrowly beating Blackrock into second place. A resurgent Pimco saw the biggest amount of flows into active funds, according to Morningstar data.
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Investors switch to trackers in European equity markets
Following the French elections, investors have swapped actively managed single country equity funds for index trackers.
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The passive attack & the revenge of active managers
The rise of the passives looks unstoppable. Since 2008, assets in exchange-traded funds have increased from $772bn (€685bn) to almost $4trn, according to BlackRock. But this doesn’t mean active managers are cornered.
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ANALYSIS: Is passive beating active at its own corporate governance game?
It is no secret the average active fund manager struggles to outperform consistently. Corporate governance is an obvious area where active managers can still prove their value.
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Ricardo Libano & the active/passive dilemma
Ricardo Libano, a fund selector at the Portuguese wealth manager IM Gestão de Ativos in Lisbon, has a natural inclination to invest in active funds. But it’s not always easy to do so, and sometimes he is left little choice but to select a passive option.
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Investors continue adding to EM holdings
Emerging market assets saw net inflows for the third month running in March, as investor optimism about prospects for EM assets continued to grow.
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BlackRock reveals major overhaul of active equity offering
BlackRock has revealed a major shake-up of its US active equity platform including job cuts and a reorganisation of funds.