Tag: portfolio management

The evolving position of the Investment Performance Measurement

By: Bill Humphreys The role and position of Performance Measurement in the Asset Management In many asset management businesses Performance Measurement (and attribution) has been hidden in the middle or back office departments and isolated from the investment process itself. Some asset managers rationalize this by saying that the function needs to be totally independent […]

Are Emerging Markets Re-emerging?

Last week was the anniversary of the announcement made by Bernanke which sent shockwaves through financial markets. His statement that the US monetary stimulus could not continue indefinitely was a message no one wanted to hear. (…) Hardest hit were emerging markets as investors decided that less monetary stimulus would lead to a return to the […]

European UCITS through the roof

By: AssetServicingTimes.com The European investment fund industry saw a surge in demand for UCITS in Q1 of 2014 with the total rising to €148 billion, according to statistics from the European Fund and Asset Management Association (EFAMA). This marks the largest quarterly net inflow since Q1 of 2006 and is a stark contrast when compared […]

Investment Performance Challenges

Gauging exchange-traded fund managed portfolios Morningstar’s EFT Investment conference saw an interesting panel discussion on the difficulties of gauging the performance of exchange-traded fund managed portfolios. The panel noted investor concerns with regard to these investments which were driven by two prime considerations; the lack of transparency in viewing results and an uncertainty over the […]

How underperformance affects fund managers behaviour

  In the article written by  Greg Richmond and Alistair Byrne, CFA within the Investment Risk and Performance series published by CFA Institute, authors are examining the ways in which fund manager behaviour changes after the experience of a period of substantial underperformance.  When investment performance is good, the job of managing money brings many rewards. […]

Measuring portfolio performance

Moneylife surveys Portfolio Management Schemes An Indian financial reporting group, Moneylife, has released an interesting survey into the public’s experience of Portfolio Management Schemes (PMS) a popular portfolio management service in India provided to clients by all major brokerage firms, asset management companies and independent experts.  The survey was carried out on the back of a […]