Tag Archives: active investing
Core and Satellite – The Best of Both Worlds
The contentious debate of active versus passive is perpetual. Over the past 15 years, SPIVA® Scorecard results have reflected on the trends of active fund management vis a vis benchmarks, wherein statistics tilt the balance in favor of indexing. This recurring feature of benchmark outperformance is contributing to the adoption and growth of the passive…
- Categories Equities, Fixed Income, India
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- Equities, Fixed Income, India
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Risk-Adjusted SPIVA® Scorecard: The Evaluation of Active Managers’ Performance Through a Risk Lens
Evaluating active managers’ performance through a risk lens is rooted in modern portfolio theory (MPT), which states that the expectation of returns must be accompanied by risk—the variation (or volatility) around the expected return. MPT assumes that higher risk should be compensated, on average, by higher returns. Institutional investors tend to be interested in risk-adjusted…
- Categories Equities, Fixed Income
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- Equities, Fixed Income
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2013: A year in SPIVA Perspective (Part I)
2013 was the blockbuster year for equity as the domestic equity markets posted double-digits returns. In a year marked by record breaking gains, it is particularly important to measure the relative performance of active funds versus the indices as bull markets often present challenging conditions for active managers to overcome. The 2013 year-end SPIVA report…
- Categories Commodities, Equities, Fixed Income, S&P 500 & DJIA, Strategy
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ETFs and William Shakespeare in 2014
“A rose by any other name would smell as sweet” Juliet says to Romeo when trying to illustrate it is the essence of a something which is important, not what it’s called. If Shakespeare were alive today, and Juliet were an investor, would he have her say the same things about an ETF? Would she…
- Categories Commodities, Equities, Fixed Income, S&P 500 & DJIA
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- Categories
- Commodities, Equities, Fixed Income, S&P 500 & DJIA
- Other Tags