EUROPE - Exchange traded funds (ETFs) could generally deliver above average performance compared to actively managed funds, investment company iShares has claimed.
ETFs would generally perform better when seeking to gain exposure to a given market segment without strong convictions about active managers or lack of resource, it said.
It added, while active funds were managed to generate out-performance by capitalising upon market conditions, they could expect a period of poor performance and might stray away from their designated investment strategy.
The company said most alpha related strategies relied on expertise and dedicated resources within a given market segment.
It concluded constructing a portfolio of best performing active managers was an attractive strategy attractive, but of difficult execution.
The Pensions Regulator (TPR) and Labour MP Stephen Kinnock and will listen to the experiences of steelworkers when transferring their pensions away from the British Steel Pension Scheme (BSPS) next week in Port Talbot.
Just Group has acquired a 75% stake in the holding company of Corinthian Pension Consulting in a bid to strengthen its professional defined benefit (DB) advisory services.
The Pensions Regulator (TPR) has exercised its production order power under the Proceeds of Crime Act 2002 for the very first time as part of a fraud investigation.
The ITN Limited Pension Scheme has named Trafalgar House as its administrator for an initial term of five years.