Sentences with phrase «in high active share»

The combination of agnosticism about their benchmark, fundamental security selection that often identifies out - of - index names and their calls typically results in a high active share.
He is often quoted regarding his expertise in high active share, concentrated portfolios.
Cremers and Petajisto find significant persistence in high Active Share managers» abilities to continue to deliver excess returns relative to a benchmark index.

Not exact matches

Investors are warming to the concept of gold mining in the Wheatbelt, with share prices of three active players moving higher in recent weeks.
Turner: One of the things that people in the industry often talk about when it comes to money management is this barbell, where as you said you have low - cost, passive index tracking funds and at the other end you have higher fees, higher active share, things like private debt which you mentioned, and it's those in the middle that are charging higher fees for something that looks quite a lot like beta that are really going to struggle.
Asia's most valuable company is worst $ 472 billion, has nearly 1 billion active users and churned nearly $ 10 billion in sales last quarter, driving shares to a record high.
In a 2014 monograph Martijn Cremers and Ankur Pareek argued that it is the combination of high active share with low portfolio turnover that produces the opportunity for outperformance1.
Counter-intuitively, the transition out of active funds and into passive funds makes the market more efficient in its relative pricing of shares, because it preferentially removes lower - skilled players from the active segment of the market, leaving a higher average level of skill in the remaining pool of market participants to set prices.
The National Network of Schools in Partnership (NNSP), active at both NCGS and NAIS, has a vision of partnership that encompasses equity, social justice, and sharing or innovating best practices for high - impact and scalability.
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.
In his view, high active share means concentrated portfolios that can have high over-performance or high under - performance, but it does not reliably predict which.
Yet, Cremers and Petajisto found that the share of assets held in truly active funds (with sufficiently high Active Share) had fallen from 60 % in 1980 to under 20 % in share of assets held in truly active funds (with sufficiently high Active Share) had fallen from 60 % in 1980 to under 20 % inactive funds (with sufficiently high Active Share) had fallen from 60 % in 1980 to under 20 % inActive Share) had fallen from 60 % in 1980 to under 20 % in Share) had fallen from 60 % in 1980 to under 20 % in 2009.
This process results in a benchmark agnostic, high active share, all - cap portfolio of 30 - 50 businesses which tends to behave differently from traditional Emerging Market indices.
This is an example of a strategy whose high active share does not necessarily result in a significant risk - adjusted outperformance.
It remains to be seen whether a combination of the expected low stock correlations in the market and a high active share of these funds leads to their significant outperformance in 2017.
With over $ 123 m in AUM (as of March 31, 2017), ClearBridge Investments offers strategies focused on three primary client objectives in areas of proven expertise: high active share, income solutions and low volatility.
In their 2007 study, Martijn Cremers and Antti Petajisto noted that «the best performers are concentrated stock pickers» and «we also find strong evidence for performance persistence for the funds with the highest active share
Day trading in shares or futures is high stress and high risk so beware of trading software programs that suggest you can make a lot of money from active trading.
If you are active on social media sites (Facebook, Twitter, etc.), consider simply sharing posts about pet adoption events, those pets in need of forever homes (especially those in high - kill situations!)
Art Galleries: Maui has a high concentration of art galleries — more than 50 — and an active community of artists and craftsmen who share their work in all media.
The high - end Lumia 950 has almost the same share of the phones running Windows 10 — 19.3 %, but only 3.8 % of the active Windows Phones in the US.
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