• The markets need active managers - just far fewer of them

    https://sensibleinvesting.tv In this video blog, Weston Wellington from Dimensional Fund Advisors explains how study after study has shown there are no asset classes in which an active fund manager's skill can add significant value. The main problem, he says, is there are simply far too many active managers competing with one another. Transcript: Hello again. If you’re a regular viewer of Sensible Investing, you’ll know we don’t recommend using actively managed funds. Some say we overstate our case, that we somehow have it in for active managers. In fact neither of those is true. In a recent interview he gave us, Weston Wellington from Dimensional Fund Advisors explained how there’s no contradiction in having the utmost respect for active managers, while at the same time advising c...

    published: 14 Jan 2015
  • 'Active' managers hug the index

    ► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs UK asset managers are not being active enough, missing out on opportunities by passively tracking market indices, but still charging high fees. Gina Miller, founding partner of SCM Private, tells John Authers about the pitfalls of closet indexing For more video content from the Financial Times, visit http://www.FT.com/video Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k Twitter https://twitter.com/ftvideo Facebook https://www.facebook.com/financialtimes

    published: 02 Dec 2013
  • How active managers can capitalize on disruption

    Disruption as a business trend has significantly affected the asset-management industry, says Gunnar Miller, and AllianzGI as an active manager has found ways to adapt. Topping the list is the implementation of new disruption ratings on the companies we cover, which helps us better identify potential risks for the benefit of our clients.

    published: 11 Jan 2017
  • Active managers' terrible year

    ► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs Active fund managers, who attempt to beat the market, suffered their worst performance in decades during 2014, while money flowed out to rival passive funds, which merely track market indexes. John Authers reports from New York on the trouble for active fund managers, and their plans to fight back. The latest global markets overview http://www.ft.com/markets Click here for more FT Markets videos http://video.ft.com/Ft-Markets For more video content from the Financial Times, visit http://www.FT.com/video Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k Twitter https://twitter.com/ftvideo Facebook https://www.facebook.com/financialtimes

    published: 22 Dec 2014
  • Are there too many active managers?

    Original Publish Date: || Tue, 02 Dec 2014 09:50:11 GMT || Acccording to 10X Investment's chief executive officer, Steven Nathan, research shows that there are simply too many Active Managers. He joins CNBC Africa for more insight.

    published: 02 Feb 2017
  • Active Managers Open The Kimono

    Join the Elite Investor Club here - http://www.eliteinvestorclub.com/ http://www.grahamrowan.com/ - Visit my website for more Tips & Advice Subscribe to my channel for weekly videos. As passive funds start to out-perform the majority of their active peers, the managers who think they make a genuine difference are starting to fight back! When I interviewed Hargreaves Lansdown’s head of research Mark Dampier recently, he candidly admitted that ninety per cent of actively managed funds are rubbish. Perhaps the best indicator of all is Hargreaves Lansdowns Wealth One Fifty, the best funds chosen from the three thousand or so available to UK investors. As of today, they can only find ninety six funds to put in the Wealth one fifty. But he also made an important point. He said that passive...

    published: 26 Mar 2015
  • Hit Rates and Win-Loss Ratios of Long-only Active Managers

    Prof. Narayan Naik, London Business School, UK during the Swiss Finance Institute Industry Forum, European Finance Association (EFA) Annual Meeting, Università della Svizzera italiana (www.usi.ch), Lugano

    published: 01 Sep 2014
  • Long Term Returns for Active Managers

    (www.abndigital.com) So which is best: Pay an active manager and get the best of their fundamental views over time or try and approximate the markets return by going passive. The answer to this maybe has less to do with the actual style of asset management.

    published: 07 Aug 2012
  • Proof that active managers outperform

    In the investment industry, few debates are waged more intensely than that between "active" and passive" investing. As investors read media coverage about the futility of trying to pick stocks and the advantages of investing via ETF's instead, more and more are questioning the fees they're paying for investment advice. - See more at: http://www.clientinsights.ca/en/article/proof-active-managers-can-outperform#sthash.VnpmvGPs.dpuf

    published: 29 Jul 2013
  • Passive Vs. Active Managers

    Annex Wealth Management's Dave Spano and Mark Beck discusses the difference between an active and a passive management, and current trends regarding active management. Learn More: www.annexwealth.com

    published: 19 May 2017
  • Do Active Managers Reduce Risk?

    Watch as S&P DJI's Tim Edwards and Craig Lazzara discuss the relationship between active managers and risk reduction over different time horizons.

    published: 01 Dec 2016
  • Active vs. Passive Fund Managers

    Steve Johnson comments on the active verses passive fund manager debate on Sky Business.

    published: 04 May 2017
  • Is active management worth it? Is it worth paying a fund manager?

    Is active management worth it? Is it worth paying a fund manager? Chris Bailey - an Economist and Ex-fund manager comments. In participating in this area and finding a star/alpha producing manager with a track record difficult? PLEASE LIKE AND SHARE SO WE CAN BRING YOU MORE! What is a fair fee? How much do investors lose in charges and management fees? How do you go about choosing a financial advisor? I think that many funds that are supposed to be active have stuck too close to the passive style of management and these are not justifying their fees at all. So make sure your fund manager is really active. But I believe proper active fund managers can be found; people who are who are savvy and intelligent and have exhibited positive performance over an extended period of time.

    published: 11 Mar 2015
  • Richard Garland: Active managers need to provide alpha to survive

    Speaking at Fund Forum Berlin 2016, Investec MD Richard Garland paints an ominous picture of inexorably rising passive solutions, and pinpoints the way for active managers to survive For more live coverage go to www.fundforumlive.com. Follow the conversation on Twitter via #FundForum

    published: 07 Jun 2016
  • Asset Allocation | What you need to know | Passive vs Active Management

    What is Asset Allocation? In this video we are going to talk about what Asset allocation is composed of and the differences between Active and Passive Portfolio’s. Asset Allocation is the dividing up of various assets which can be in the form of Equity, Fixed Income, Real Estate and many other options, in order to compose an investment portfolio. For more information please visit: http://www.onlinefinancialadvisor.net Financial professionals compose a portfolio of many different asset classes in order to create “Diversification” for a potential client. Diversification ensures that you are spread out amongst many various asset classes in order to keep a well balanced portfolio. This is where they may spread you out among large cap, mid cap, small cap and other asset classes in orde...

    published: 31 Oct 2014
  • Can active managers outperform the market?

    This video is about if can active managers outperform the market

    published: 03 Nov 2016
The markets need active managers - just far fewer of them

The markets need active managers - just far fewer of them

  • Order:
  • Duration: 4:18
  • Updated: 14 Jan 2015
  • views: 1819
videos
https://sensibleinvesting.tv In this video blog, Weston Wellington from Dimensional Fund Advisors explains how study after study has shown there are no asset classes in which an active fund manager's skill can add significant value. The main problem, he says, is there are simply far too many active managers competing with one another. Transcript: Hello again. If you’re a regular viewer of Sensible Investing, you’ll know we don’t recommend using actively managed funds. Some say we overstate our case, that we somehow have it in for active managers. In fact neither of those is true. In a recent interview he gave us, Weston Wellington from Dimensional Fund Advisors explained how there’s no contradiction in having the utmost respect for active managers, while at the same time advising clients to avoid them. Weston Wellington says: “It is very, very difficult to distinguish luck from skill. I’ll put another way, it’s very easy to persuade ourselves that we can identify great performing stocks or great performing money managers. If it were the case that it were so easy to identity terrific money managers we ought to be able to do it. But in study after study after study we just don’t find that evidence. I think we ought to emphasise when we are making these statements, this is not a suggestion that active money managers are someway incompetent or greedy or they are looking at the wrong things. If anything, it’s a vote of confidence, saying there were so many talented clever, hardworking money mangers out there, all flipping through the thousands pages of corporate reports and information, all that competition serves to drive prices quickly enough to their fair value that it eliminates the easy opportunities for anybody, smart or otherwise to gain an advantage.” We often hear that some markets are less efficient than others, that there are particular asset classes in which a fund manager’s expertise really can add value. So what does Weston Wellington make of that? “I would never argue that there are no situations where clever active management might be able to add some value. I just haven't found an asset class yet. When I hear that argument that seems to apply. The ones we hear most often are small company stocks that are somehow less well researched and therefore they have greater opportunity for active managers, or emerging markets. Now right away you run into two big problems. Number one, you still have a market place that consists of all the small cap securities or all the emerging market securities and you have the universe of investors holding theses securities. You still have the zero sum game problem. And from an empirical standpoint, when we go looking for evidence among actively managed emerging market or actively managed small company strategies we find no evidence what so ever that these managers have any greater ability in this market place. If anything, the data shows that they’re performing even worse.” Ultimately, of course, we need active fund managers to set prices. But that certainly doesn’t mean that every investor needs to use them. Weston Wellington says: “To the extent active money managers study companies, access whether projects are useful or not useful, reflect those assessments in security prices, they’re performing a social benefit. The real question is, how many active managers do we need to keep markets efficient to keep prices fair? All the evidence we have from these academic studies of manager performance suggests we have way more mangers than we need to keep the markets efficient.” That’s about all for now. Just time to remind investment professionals who share our evidence-based investing philosophy that we’re about to start producing regular educational content for advisers. If you’d like to subscribe, please contact Richard Wood. His email address is richard@sensibleinvesting.tv. That’s richard@sensibleinvesting.tv. Until next time, thanks for watching and goodbye. https://sensibleinvesting.tv
https://wn.com/The_Markets_Need_Active_Managers_Just_Far_Fewer_Of_Them
'Active' managers hug the index

'Active' managers hug the index

  • Order:
  • Duration: 5:14
  • Updated: 02 Dec 2013
  • views: 799
videos
► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs UK asset managers are not being active enough, missing out on opportunities by passively tracking market indices, but still charging high fees. Gina Miller, founding partner of SCM Private, tells John Authers about the pitfalls of closet indexing For more video content from the Financial Times, visit http://www.FT.com/video Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k Twitter https://twitter.com/ftvideo Facebook https://www.facebook.com/financialtimes
https://wn.com/'Active'_Managers_Hug_The_Index
How active managers can capitalize on disruption

How active managers can capitalize on disruption

  • Order:
  • Duration: 0:49
  • Updated: 11 Jan 2017
  • views: 208
videos
Disruption as a business trend has significantly affected the asset-management industry, says Gunnar Miller, and AllianzGI as an active manager has found ways to adapt. Topping the list is the implementation of new disruption ratings on the companies we cover, which helps us better identify potential risks for the benefit of our clients.
https://wn.com/How_Active_Managers_Can_Capitalize_On_Disruption
Active managers' terrible year

Active managers' terrible year

  • Order:
  • Duration: 5:57
  • Updated: 22 Dec 2014
  • views: 798
videos
► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs Active fund managers, who attempt to beat the market, suffered their worst performance in decades during 2014, while money flowed out to rival passive funds, which merely track market indexes. John Authers reports from New York on the trouble for active fund managers, and their plans to fight back. The latest global markets overview http://www.ft.com/markets Click here for more FT Markets videos http://video.ft.com/Ft-Markets For more video content from the Financial Times, visit http://www.FT.com/video Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k Twitter https://twitter.com/ftvideo Facebook https://www.facebook.com/financialtimes
https://wn.com/Active_Managers'_Terrible_Year
Are there too many active managers?

Are there too many active managers?

  • Order:
  • Duration: 6:27
  • Updated: 02 Feb 2017
  • views: 3
videos
Original Publish Date: || Tue, 02 Dec 2014 09:50:11 GMT || Acccording to 10X Investment's chief executive officer, Steven Nathan, research shows that there are simply too many Active Managers. He joins CNBC Africa for more insight.
https://wn.com/Are_There_Too_Many_Active_Managers
Active Managers Open The Kimono

Active Managers Open The Kimono

  • Order:
  • Duration: 4:10
  • Updated: 26 Mar 2015
  • views: 272
videos
Join the Elite Investor Club here - http://www.eliteinvestorclub.com/ http://www.grahamrowan.com/ - Visit my website for more Tips & Advice Subscribe to my channel for weekly videos. As passive funds start to out-perform the majority of their active peers, the managers who think they make a genuine difference are starting to fight back! When I interviewed Hargreaves Lansdown’s head of research Mark Dampier recently, he candidly admitted that ninety per cent of actively managed funds are rubbish. Perhaps the best indicator of all is Hargreaves Lansdowns Wealth One Fifty, the best funds chosen from the three thousand or so available to UK investors. As of today, they can only find ninety six funds to put in the Wealth one fifty. But he also made an important point. He said that passive and tracker funds have not universally performed well, in other words there are trackers and trackers. But he also said that the best fund managers substantially out-perform the passive funds and more than make up for the extra fees they charge. The dilemma for us investors is how do we recognise the star fund managers from the mediocre majority? Where do we look for them? Does their voice sound different? Do they look taller than the rest? I’m here to bring you some good news. We’re about to get a little help. The smart ones are going to start displaying called the ‘AS’. It stands for Active Share and its expressed as a percentage. What it means is that proportion of the fund’s portfolio that is made up of actively chosen shares, bonds or other asset classes. Specifically, it measures how much the fund differs from the benchmark against which its performance is measured. So, for example, if you measure yourself against the FTSE 100 and own every share in the index, you’re a closet tracker fund. Asking investors to pay four or five times the fees of an Exchange Traded Fund doing exactly the same thing is unlikely to make you flavour of the month. Mind you, that’s what some of the big name fund managers have been getting away with for years, including the high street banks, Scottish widows and the like. Now, some of the best managers in the market like the legendary Neil Woodford are differentiating themselves by publishing their Active Share score. Neptune, Baillie Gifford and Threadneedle are following suit, making it easier for us to assess how hard they are working on our behalf. The best managers will probably show an AS in the seventy per cent plus range, though in and of itself its not a perfect measure. Firstly, we need to know if the benchmark is the most appropriate for what we are trying to achieve. If you’re looking for a small cap fund and the benchmark chosen is the S&P five hundred you may not be in the right fund. And if the AS score is high it just means the manager is going way off beam of the index. He could be making inspired decisions or terrible ones. Only time and bottom line results will tell. But it feels to me like a sacred cow has been slain. It seems inevitable that we’ll see consolidation in the fund management sector as the closet trackers lose all their business to ETFs. The fact that a major player like Neil Woodford has risen to the challenge means that any other manager worth his salt must do the same. This can only be good for investors willing to pay higher fees for more inspired performance. If you’re invested in funds charging high fees with no visibility of their active share, be very careful out there!
https://wn.com/Active_Managers_Open_The_Kimono
Hit Rates and Win-Loss Ratios of Long-only Active Managers

Hit Rates and Win-Loss Ratios of Long-only Active Managers

  • Order:
  • Duration: 21:44
  • Updated: 01 Sep 2014
  • views: 199
videos https://wn.com/Hit_Rates_And_Win_Loss_Ratios_Of_Long_Only_Active_Managers
Long Term Returns for Active Managers

Long Term Returns for Active Managers

  • Order:
  • Duration: 15:53
  • Updated: 07 Aug 2012
  • views: 46
videos
(www.abndigital.com) So which is best: Pay an active manager and get the best of their fundamental views over time or try and approximate the markets return by going passive. The answer to this maybe has less to do with the actual style of asset management.
https://wn.com/Long_Term_Returns_For_Active_Managers
Proof that active managers outperform

Proof that active managers outperform

  • Order:
  • Duration: 5:15
  • Updated: 29 Jul 2013
  • views: 129
videos
In the investment industry, few debates are waged more intensely than that between "active" and passive" investing. As investors read media coverage about the futility of trying to pick stocks and the advantages of investing via ETF's instead, more and more are questioning the fees they're paying for investment advice. - See more at: http://www.clientinsights.ca/en/article/proof-active-managers-can-outperform#sthash.VnpmvGPs.dpuf
https://wn.com/Proof_That_Active_Managers_Outperform
Passive Vs. Active Managers

Passive Vs. Active Managers

  • Order:
  • Duration: 2:37
  • Updated: 19 May 2017
  • views: 62
videos
Annex Wealth Management's Dave Spano and Mark Beck discusses the difference between an active and a passive management, and current trends regarding active management. Learn More: www.annexwealth.com
https://wn.com/Passive_Vs._Active_Managers
Do Active Managers Reduce Risk?

Do Active Managers Reduce Risk?

  • Order:
  • Duration: 7:13
  • Updated: 01 Dec 2016
  • views: 9
videos
Watch as S&P DJI's Tim Edwards and Craig Lazzara discuss the relationship between active managers and risk reduction over different time horizons.
https://wn.com/Do_Active_Managers_Reduce_Risk
Active vs.  Passive Fund Managers

Active vs. Passive Fund Managers

  • Order:
  • Duration: 7:22
  • Updated: 04 May 2017
  • views: 1641
videos
Steve Johnson comments on the active verses passive fund manager debate on Sky Business.
https://wn.com/Active_Vs._Passive_Fund_Managers
Is active management worth it?  Is it worth paying a fund manager?

Is active management worth it? Is it worth paying a fund manager?

  • Order:
  • Duration: 7:49
  • Updated: 11 Mar 2015
  • views: 356
videos
Is active management worth it? Is it worth paying a fund manager? Chris Bailey - an Economist and Ex-fund manager comments. In participating in this area and finding a star/alpha producing manager with a track record difficult? PLEASE LIKE AND SHARE SO WE CAN BRING YOU MORE! What is a fair fee? How much do investors lose in charges and management fees? How do you go about choosing a financial advisor? I think that many funds that are supposed to be active have stuck too close to the passive style of management and these are not justifying their fees at all. So make sure your fund manager is really active. But I believe proper active fund managers can be found; people who are who are savvy and intelligent and have exhibited positive performance over an extended period of time.
https://wn.com/Is_Active_Management_Worth_It_Is_It_Worth_Paying_A_Fund_Manager
Richard Garland: Active managers need to provide alpha to survive

Richard Garland: Active managers need to provide alpha to survive

  • Order:
  • Duration: 1:09
  • Updated: 07 Jun 2016
  • views: 61
videos
Speaking at Fund Forum Berlin 2016, Investec MD Richard Garland paints an ominous picture of inexorably rising passive solutions, and pinpoints the way for active managers to survive For more live coverage go to www.fundforumlive.com. Follow the conversation on Twitter via #FundForum
https://wn.com/Richard_Garland_Active_Managers_Need_To_Provide_Alpha_To_Survive
Asset Allocation | What you need to know | Passive vs Active Management

Asset Allocation | What you need to know | Passive vs Active Management

  • Order:
  • Duration: 4:08
  • Updated: 31 Oct 2014
  • views: 3390
videos
What is Asset Allocation? In this video we are going to talk about what Asset allocation is composed of and the differences between Active and Passive Portfolio’s. Asset Allocation is the dividing up of various assets which can be in the form of Equity, Fixed Income, Real Estate and many other options, in order to compose an investment portfolio. For more information please visit: http://www.onlinefinancialadvisor.net Financial professionals compose a portfolio of many different asset classes in order to create “Diversification” for a potential client. Diversification ensures that you are spread out amongst many various asset classes in order to keep a well balanced portfolio. This is where they may spread you out among large cap, mid cap, small cap and other asset classes in order to create your portfolio. You see the goal is to create a well diversified portfolio comprised of various asset classes so that in time your portfolio will grow. Your beginning portfolio balance may start at the bottom of a chart as you can see here, and of course over time it will grow and when you are ready for your money your account balance will have grown to this amount sometime in the future. Of course this looks great and if you were to leave the money in the account over the course of the years, you would have the potential growth which usually occurs in what is called a Secular Bull Market. Let me show you what I mean. This chart represents the S&P 500 over the past 100 years. Now you can see we have it separated into green and red areas representing the Secular Bull and Bear Markets. These Bull and Bear market can last over several years at a time in fact, even decades. Currently we are in a Secular Bear Market. Now as you can see from this chart, if you were to start investing and hold your investments, over time you would have grown your portfolio. This is known as passive investing, or buy and hold. Although this may be a good strategy when we are in a Secular Bull market, it may not be as good however while in a Secular Bear market. Let’s take a closer look at what is happening during one of the Secular periods and the impact it has on your portfolio during those years. Here is a graph showing the S&P 500 over the past 14 years. Notice that from 2001 through part of 2003 the market was dropping thus creating a Bear Market scenario. Then from 2003 through 2008 we were in a Bull market scenario even though we were still in a Cyclical Bear market. Then of course 2008 through most of 2009 back to a Bear market, and of course we repeat a few more times up until we get to today. As I said before with a “Passive” portfolio strategy, you would see a portion of your total portfolio holdings drop during those “Bear Years”. For instance during the years the market is in Bear mode you would see a drop in your total portfolio of 10, 25, even close to 50%. So to make up those loss of earnings you would have to double that in order to make your money back to 20, 50, and even 100%. A Passive strategy is great when the markets are doing well, but what about when the markets are not doing so well as we just explained? That’s when an “Active” Portfolio strategy should be employed by Active Managers. You would see more movement with your portfolio during those bear years. This means that the portfolio manager is actively moving your asset classes around so that when things are starting to move from Bull to Bear they can rebalance accordingly to help mitigate portfolio reduction. What’s your stance? Do you believe in a passive portfolio strategy or are you more interested in an active management style? To us it doesn't make sense not to be active with an investment portfolio. Please be sure to contact us today and receive a free risk assessment and second opinion review. You can click the links below in our description to take your questionnaire which is comprised of only a few questions to get you moving in the right direction. http://onlinefinancialadvisor.net/risk-score/ Lastly, if you would like a free gift from us simply click on the link below for your Free Gift “The 5 Greatest Fears All Retiree’s Have Explained!” We also threw in a bonus chapter on Understanding Social Security as well. To schedule an appointment, or get your Free Report simply visit: http://www.onlinefinancialadvisor.net We hope you enjoyed this video, and if you think any of your friends would benefit from this information please don’t hesitate to like and share this video with them on your social media pages. Finally a little disclaimer about this presentation: Nothing in this video or free report can be or should be construed as investment, tax or legal advice. This is purely educational and there is not enough information in here or the report to make educated investment decisions. Always consult with a financial advisor before making any investment decisions.
https://wn.com/Asset_Allocation_|_What_You_Need_To_Know_|_Passive_Vs_Active_Management
Can active managers outperform the market?

Can active managers outperform the market?

  • Order:
  • Duration: 1:15
  • Updated: 03 Nov 2016
  • views: 2
videos
This video is about if can active managers outperform the market
https://wn.com/Can_Active_Managers_Outperform_The_Market
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