Ominous outlook for split bond and equity portfolios
A passive portfolio of 50% bonds and 50% equities faces negative annualised returns, according to a report by Pictet Asset Management.
A passive portfolio of 50% bonds and 50% equities faces negative annualised returns, according to a report by Pictet Asset Management.
Legal & General Investment Management has become the latest fund manager to launch a passive fund tracking companies with diverse boards.
High yield ETFs have a reputation for poor tracking difference, but 7IM senior portfolio manager Peter Sleep argues there are still ways for passive investors to access the asset class.
The asset management industry is split on the market implications if passives continue to rake in inflows, while investors lose faith in active management.
As cumulative flows into emerging market passive funds surpass active alternatives investors should seek opportunities further down the market-cap scale, Aviva Investors head of emerging markets and Asia Pacific Will Ballard argues.
Passive investors pay scant regard to the fundamentals of individual securities and free-ride on the work of active investors with implications for financial stability, price discovery and index correlation, according to a paper from the Bank of International Settlements.
Coutts is offering access to five risk-graded multi-asset passive funds via a new online platform, Coutts Invest.
Fourteen trackers that aim to replicate key equity and bond markets have been awarded a “recommended” status by Square Mile Investment Consulting and Research.
AJ Bell’s first fund launch, a range of five diversified multi-asset funds that are risk-rated from cautious to adventurous, will start trading on 18 April 2017.
WH Ireland wealth management head Roderick Buchanan talks about overhauling the business, embracing the digital age and why a ‘sensible’ investment style is best for clients.
Getting value for money is the topic dominating the funds industry today, but on two different fronts.
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.