Active asset management works û really, says Watson Wyatt

Rising scepticism among investors globally with regard to the effectiveness of active asset management has prompted Watson Wyatt to emphasise what it identifies as particular asset classes where manager selection can add value. At a reception earlier this week in Hong Kong, Naomi Denning, managing director of the firm's Asia investment consulting practise, told a group of fund management executives that Watson Wyatt was trying to present a holistic view about asset classes. Too often…