Passive outperforms over five years
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
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
After a disappointing 2016, last year proved to be a better year for active managers with 44% beating their benchmarks. Stephanie Baxter reports
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
An LCP report shows current fund charging strategies do not serve schemes well. Helen Morrissey looks at the issue
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.
Proposes all-in fee on funds
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
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.
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.
There are no boundaries to smaller schemes taking environmental, social and governance (ESG) factors into consideration in their investment decisions says Mark Thompson.
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.
Despite heightened awareness of index huggers, this cosy practice is still a big problem, finds PP.
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 (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.
Most active funds have underperformed their passive benchmarks over the last ten years, according to S&P Dow Jones Indices.
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.
Using active share to measure a manager's ability to outperform could be detrimental for schemes, according to Hermes Investment Management.