Asset Allocation
Volatility Pushes Investors To Consider Active Strategies
Shifts coming at the portfolio construction and market levels mean allocators need to stay focused on their goals.
Tag: Active Management
Opinion
Passive Investing Is a Choice, Not a Default Option
The fee savings of passive management may obscure some of the inefficiencies embedded in benchmarks or portfolios built to mimic them, writes the head of institutional portfolio strategy at J.P. Morgan Asset Management.
Corporate Moves
Vanguard Reopens Two Actively Managed Funds to All Investors
The Primecap and Primecap Core funds were closed to new investors in 2004 and 2009, respectively.
Market Moves
Why Allocators Do Badly When Selling Stocks
Placing too much emphasis on buying assets results in leaving money on the table once they divest, says strategist Ervolini.
Asset Allocation
How SWIB’s New Actively Managed Portfolio Aims to Be ‘Different’
Wisconsin’s Select Equity fund, launched just four months ago, aims to use such techniques as long-short pairings.
Asset Allocation
Illinois Police Pension Seeks Active Manager for Small, Mid-Cap Stocks
The $9.4 billion Illinois Police Officers’ Pension Investment Fund has $450 million in international small-cap stocks.
Research
Ash Williams: Passive Investing’s Use Is an ‘Illusion’ That’s Now Dispelled
It’s a creature of another time, and active management is needed for today’s challenges, the investment legend argues.
Manager Selection
David Holmgren Is Out at Hartford HealthCare
Morgan Stanley takes over from longstanding CIO and his team.
Newsmakers
CalPERS to Increase External Management Budget by $145.6 Million
Most of the new fees will be allocated to private equity and real estate.
Newsmakers
Hawaii ERS Has a Strong First Quarter
The fund’s unique risk strategy is paying off right now.
Regulation
UK Government Considering Relaxing Fee Cap on AUM
If the change goes through, plans will have more freedom to invest in lucrative private equity and venture capital.
Manager Selection
Exclusive: Hartford HealthCare Posts a Healthy 33.5% Gain Despite Industry Pains
Investment Committee Chair David Roth gives high praise to CIO David Holmgren for the return.
Market Moves
Why the Time May Be Ripe for a Return to Active Management
Investors will need help hitting even reduced target returns in the coming years, says Goldman Sachs report.
Index-Besotted Institutions Miss Out on Good Deal: Stock Pickers
Sure, passive beats active hollow overall, but ferreting out the market beaters is worth it. Some pension funds heartily agree, some really don’t.
Asset Management Culture
Japan’s Government Pension Fund Changes Fee Structure
The move is aimed at providing an incentive for active managers to boost returns.