In 2017, actively managed equity unit trusts charging less than 0.6% a year (the cheapest 5%) attracted fresh money of $3bn. By contrast, the other 95% of funds witnessed a net outflow of $275bn.
In a remarkable turn of events, there are now more stock market indexes in the US than there are stocks, writes a Bloomberg columnist.
2016 results deliver some important signals. Critically, that equities are poised for a very good year; fixed interest not so good; and commodities look dangerously overheated.
For most of us, the war of words between active and passive investment managers is of little more than passing interest. But for those in the kitchen, it’s existential.
ETFs triumph: Nearly 70% of funds investing across Europe failed to beat last year’s 6.8% gain in the most popular benchmark for Europe-focused funds.
The active vs passive debate rages on. CE of 10x, Steven Nathan discusses a Towers Watson report which concludes that there are too many active managers
The real question needing to be asked is whether investors are getting a fair deal from asset managers in return for acting as custodians of their savings.
When Douglas Kobak was an adviser at a large brokerage firm, he suggested his wealthiest clients buy a hedge fund promising to be “a very conservative alternative to bonds.” Then the credit crisis hit in 2008, the fund imploded and investors got 45 cents on the dollar — as long as they promised not to sue.
Top analyst, and a financial services entrepreneur, Steven Nathan explains why investment advice often benefits advisers, not clients.
Satrix is now wholly-owned by Sanlam, which has provided the country’s ETF pioneer with financial support to take it to scalability and move into new areas.