Active management
Active management edges out passive performance in Q1
Passive outperforms over five years
Closet tracker scandal: Are schemes getting what they pay for?
Pension funds may be sitting on valuable claims if it can be proven that active management would have led to higher returns compared to a tracker fund, write Simon Bushell and Daniel Spendlove
Why schemes are flocking to passive funds
Research finds passive funds are to increase in usage by 6% per annum at least until the end of the decade. James Phillips explores the reasons behind the increasing shift
More active managers outperformed in 2017 amid low volatility
After a disappointing 2016, last year proved to be a better year for active managers with 44% beating their benchmarks. Stephanie Baxter reports
Spotlight shines on active funds as 72% failed to outperform in 2016
Last year posed huge challenges for active investment as markets were driven by politics rather than economics. Stephanie Baxter looks at research showing a large fall in managers beating the benchmark
Time for change on fees
An LCP report shows current fund charging strategies do not serve schemes well. Helen Morrissey looks at the issue
Active management back on the agenda as investors face bumpy 2017
Investors will eye up active and alternative strategies next year to help them cope with market volatility arising from economic and political forces, according to research.
FCA's Bailey: Fund fee caps would not effectively drive competition
Proposes all-in fee on funds
Is there a winning formula to get value for money?
There has long been a debate about which investment strategy, whether active or passive, delivers the best value for money. Michael Klimes looks at how trustees can find the best strategy
Godfrey: We must do more to explain merits of active management
The pensions and investment industry needs to be much more explicit about the objectives of active management, according to former Investment Association (IA) head Daniel Godfrey.
How trustees can find good active fund managers
In these challenging economic times it is essential to have skilled active fund managers but they are tricky to identify. Michael Klimes looks at how to find them.
HSBC pension CIO: Being small is not a barrier to ESG
There are no boundaries to smaller schemes taking environmental, social and governance (ESG) factors into consideration in their investment decisions says Mark Thompson.
FCA warns of asset manager failings on closet trackers
The UK watchdog has discovered problems with how some asset managers market their funds after finding several actively managed products that in reality closely track benchmarks.
Are regulators doing enough to tackle closet indexation?
Despite heightened awareness of index huggers, this cosy practice is still a big problem, finds PP.
Majority of active equity managers face extinction
Despite a decade of fierce debate over fees, many active equity managers in the UK have remained impervious to the global rise of passives. However, a growing bank of parlous historical data and changes in smart passive design may yet precipitate a great extinction according to Nick Samuels.
BT Pension Scheme pulls £8.4bn bond mandate from Hermes
BT Pension Scheme (BTPS) has pulled its inflation-linked bond mandate from Hermes Investment Management, cutting assets under management (AUM) at the business - which it still owns - by more than a quarter.
Three quarters of active equity managers beaten by passives
Most active funds have underperformed their passive benchmarks over the last ten years, according to S&P Dow Jones Indices.
HSBC says charge cap no bar to active management
The 0.75% charge cap on auto-enrolment default funds does not prevent investors from using active management in volatile sectors where it can add value, says HSBC Global Asset Management.
High active share managers may perform 'like lambs'
Using active share to measure a manager's ability to outperform could be detrimental for schemes, according to Hermes Investment Management.
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