Coombs: Passives are ‘blunt’ tools in post-Brexit reality
David Coombs, head of head of multi-asset investments at Rathbones believes passive funds may be inadequate to overcome the challenges arising in the new political climate.
Active Versus Passive
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Toogood: Fund managers need a post-RDR reality check
Asset managers should take a page from the book of IFAs, and focus more on outcomes for their clients than one-upping competitors, according to The Adviser Centre’s Peter Toogood.
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PA ANALYSIS: Is passive beating active at its own corporate governance game?
It is no secret the evidence suggests the average active fund manager struggles to outperform consistently.
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Brooks Macdonald: Now is a dangerous time to invest in passives
The hype around passive products has never been more intense, but Brooks Macdonald Asset Management’s Jon Gumpel warns that there could be danger ahead for passive investors.
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Pimco warns on passive investing ‘free riding’
Passive management in the fund industry could lead to “free riding, adverse selection and moral hazard” if left unchecked, according to investment giant Pimco.
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Morningstar: ‘Expensive’ trackers overlooked in active/passive debate
Passive funds charging investors over the odds have fallen under the radar as the debate over active fees has raged, according to Morningstar’s Jonathan Miller.
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S&P: Most active funds fail to survive past 10 years
Fewer than half of all UK equity funds manage to survive longer than 10 years, according to the latest research from ratings agency S&P.
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JPM’s Berens questions industry’s ‘narrow’ view
Competition between wealth and asset managers on solutions-based products is a real threat to business models in an increasingly complex market, according to JPM Asset Management’s Jasper Berens.
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UK active equity underperformance quadruples in 2016
The S&P Indices versus active funds (SPIVA) Scorecard revealed that the amount of actively managed UK equity funds that failed to beat the benchmark quadrupled from 22.2% to 87.22% between 2015 and 2016.
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Asset managers fear hit to profits; consider passive launches
A group of asset managers surveyed by Portfolio Adviser unanimously agreed that the industry will become less profitable over the next three years.
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Too late for actives as passive ‘genie’ escapes bottle for good
Passive momentum is unlikely to slow even if active management performance improves, says Cantor Fitzgerald director of equity research financials Keith Baird.
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TMI’s Herberts: ‘Right time’ to add active risk
Thomas Miller Investment’s Andrew Herberts has reduced his exposure to passive funds, arguing that now is the right time for UK active managers to prove their worth.