In an environment where investing in a few large cap stocks is the key to outperformance, fund managers who are truly active and still outperform will gain appeal, industry experts say.
Covid-19 has caused heavy volatility in global stock markets, with more likely in the second half of 2020. Could it allow active investors to shine, versus their cheaper index peers?
While the fund suffered negative growth over the 11 months of the most recent financial year, it will keep using its passive reference portfolio to benchmark its active investments.
Pension industry experts believe retirement schemes need to better advise their members about investing risks and potentially establish rainy day funds.
Once seen as an appealing passive investing option for asset owners, factor investing seems to be losing its cachet. Can it get it back?
While the fund announced a healthy return for 2019, its investment team is considering how to recalibrate its passive benchmark for trickier conditions ahead.