Sentences with phrase «high active share managers»

One of the intriguing results of the initial research on active share was that high active share managers seemed more likely to outperform than low active share managers.

Cremers and Petajisto find significant persistence in high Active Share managers» abilities to continue to deliver excess returns relative to a benchmark index.

1 «Patient Capital Outperformance: The Investment Skill of High Active Share Managers Who Trade Infrequently».

Not exact matches

The researchers conclude managers with high Active Share outperform their benchmark indexes and Active Share significantly predicts fund performance.

It would be wrong for investors to interpret the results in a manner leading them to conclude all managers with high Active Share portfolios will beat their benchmarks.

Of course, it is likely a number of managers with high Active Share portfolios underperformed their benchmarks while others outperformed.

On whole the funds have high active share, long - tenured managers, are risk conscious, lower turnover and relatively low expense.

I am not going to cover all of the inherent headwinds faced by mutual funds and the managers such as cash limitations, style limitations, retail fear led redemptions or retail greed led share purchases, egos, bonuses tied to indexes (Active Share), consultants trying to earn their keep focusing on quarterly results, unnecessarily high fees, share purchases, egos, bonuses tied to indexes (Active Share), consultants trying to earn their keep focusing on quarterly results, unnecessarily high fees, Share), consultants trying to earn their keep focusing on quarterly results, unnecessarily high fees, etc..

Active Share determines the extent of active management being employed by mutual fund managers: the higher the Active Share, the more likely a fund is to outperform the benchmark Active Share determines the extent of active management being employed by mutual fund managers: the higher the Active Share, the more likely a fund is to outperform the benchmark active management being employed by mutual fund managers: the higher the Active Share, the more likely a fund is to outperform the benchmark Active Share, the more likely a fund is to outperform the benchmark index.

Some active managers will pitch themselves as having high conviction, or high active share, meaning that they are very different from the index.

But truly active managers — those with high active share scores — have been proven to outperform the index over time, says Blackstein, citing Martijn Cremers and Antti Petajisto, the researchers who devised the active share metric.