Sentences with phrase «marketed as an active manager»

I wonder how much of the data with the inflows / ourflow chart changes from active to index, is the movement from active managers which were plus or minus 5 - 10 % of the index in their holdings (what I refer to as a dressed up index fund being marketed as an active manager).

Not exact matches

And matters weren't helped much as volatility hovered close to the lowest levels on record, sapping the market of the price swings so crucial for active managers to prove their bonafides.

And matters weren't helped much as volatility hovered close to the lowest levels on record, sapping the market of the price swings so crucial for active managers to prove their bona fides.

«As you know, the overwhelming majority of active managers, whether mutual funds, SMAs, or hedge funds, underperform «the market.»

Now factor in that it's incredibly difficult to be successful as an enterprising investor: most active fund managers (generally about 60 %) can't even beat the overall market's return.

As one of the most active investors with diverse managers, Fairview conducted due diligence on virtually every institutional quality woman and minority - owned firm in the market in 2017, providing the Firm a unique vantage point.

Since you own a bit of every company, your index investment is wholly aligned with the returns of the stock market segment tracked by that index — as opposed to the performance of a fund manager (with an active fund) or individual companies (with your own stock picks).

Over time, traditional market - cap weighted indexes such as the S&P 500 and the Russell 1000 have been shown to outperform most active managers.

Yet when the markets have not performed as well — such as during the 2000 - 2002 tech - market bust and the 2008 - 2009 financial crisis — our research shows that US large - cap active managers outperformed their passive peers by 471 basis points and 100 basis points, respectively.

In a paper on countercyclical investing, Bradley Jones at the International Monetary Fund (IMF) points out that investors often hire active managers just after a period of outperformance, only to experience a period of subsequent underperformance based on where they are in the market cycle.3 Or after doing a tremendous amount of due diligence to hire active managers, institutional investors might be forced to replace underperforming managers, only to leave alpha on the table as these fired managers often outperform in subsequent periods.

During the tech - market bust and great financial crisis, US large - cap active managers outperformed their passive peers — food for thought as today's abnormally long market cycle may be drawing to a close

Active managers outperformed their passive peers during the two most recent major market downturns — a key consideration as today's abnormally long cycle winds down.

Ultimately, this behavior may be self - curtailing, as the inefficiencies created by passive's growing market share increase opportunities for active managers to allocate capital where it is expected to be most productive.

Rather than avoid volatility, we see the challenge of managing risk as trying to take advantage of the market's movements — an essential skill for any successful active manager.»

Active managers argue they can outperform the overall market through security selection, but data have repeatedly demonstrated that few can achieve this feat over the long term, although there are short - term fluctuations, as during the recent market pullback.

And that's the thing — as long as there are bear markets there will be active managers implementing strategies designed to reduce tail risk in portfolios.

Compare this to perhaps a slightly higher fee, active high yield bond manager who only holds more liquid, higher quality positions with an investor base perhaps not as eager to hit that sell button during periods of market turmoil.

Put another way, active managers pretty much are the market, so it is impossible for them as a group to outperform themselves, particularly after deducting fees.

As respected investing authority and Winning the Loser's Game author Charles Ellis has written: «The cruel irony is that so many active managers are so skillful, hardworking, and capable that they collectively dominate the market and thus few, if any, can beat the crowd.»

In our view, smart beta or factor - based investors occupy a spot on the same continuum and are every bit as exposed to market risk as traditional active and passive managers.

The middle period was a strong bull market, the worst environment for active managers, who find it hard to keep up as the indexes charge ahead.

As promising as that may seem, a 2008 white paper from Vanguard looked at active manager performance during bear markets between 1973 and 200As promising as that may seem, a 2008 white paper from Vanguard looked at active manager performance during bear markets between 1973 and 200as that may seem, a 2008 white paper from Vanguard looked at active manager performance during bear markets between 1973 and 2003.

A bigger spread between the best and worst stocks hasn't helped active funds as a group, but it does tend to make good funds better — and bad funds worse... To put it another way: Markets that aren't moving in lock step give active managers more rope with which to climb above the pack or to hang themselves.

Active management means that the managers of the fund actively trade securities in hopes of achieving higher than market returns or outperforming their respective benchmark, such as the S&P 500.

Market - capitalization based indexes have served a useful purpose as indicators of broad market performance and as benchmarks against which to measure active manager perforMarket - capitalization based indexes have served a useful purpose as indicators of broad market performance and as benchmarks against which to measure active manager performarket performance and as benchmarks against which to measure active manager performance.

As an active manager with a distinct style playing in a pretty small sandbox — the Canadian marketplace — our objective remains to do better than the overall market.

Using both types of strategies can allow the TDF manager to refine active risk levels at different parts of the glide path and may also provide diversification as markets cycle.»

Alpha dogs as talent shortage looms for stock portfolios Although increased correlation among stocks is a popular theory for why active managers have failed to beat their benchmarks, there is plenty of opportunity to produce alpha in the market, lending credence to the theory of a talent drought.

Yes, if you observe many of the multi-cap funds have now higher allocation to Large cap stocks, its the duty of the active Fund manager to implement an investment strategy which benefits the fund investors as per current market conditions.

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.

And for active managers, it means they don't have to tell the whole world what they own, yet can reap some of the price advantages of an ETF, as the structure puts the trading costs on the market maker and away from the fund.

If markets bounce along the bottom (as many strategists think we'll see this year), active managers could have an edge.

Hire active managers for the less - efficient pockets of the market, such as stocks of tiny companies, known as micro caps, and emerging markets.

Well over 90 % of exchange - traded funds, popularly known as ETFs are based on passive market indexes, but there are a few active managers who have decided to use the ETF structure for actively managed portfolios.

They use index funds or ETFs except in certain asset classes, such as emerging markets or municipal bonds, in which they think an active manager can make a difference.

So not only did Graham subscribe to the idea that an index fund's market return should be viewed as acceptable for the average investor, but that in order to earn their standard fees, active managers have a duty to match or improve on the market return over relatively long (at least by today's standards) investment horizons.

More on MoneyWatch: Active Bond Managers Fare No Better The Economy Isn't the Same as the Market Why the Concern over Negative TIPS Yields Is Overblown When Dollar - Cost Averaging Makes Sense When Dollar - Cost Averaging Doesn't Make Sense Hear Larry Swedroe discuss current investment trends and topics every Sunday at noon on 550 AM KTRS in St. Louis or streaming via the KTRS Web site.

This universe represents a sizable pool of stocks for active international managers to choose from — one that has more than twice as many stocks as the U.S. small cap market.

If active portfolio managers on the whole own what makes up a reasonably large portion of the market they are going to own a representative sample of the market and as long as there is even one dollar of expense involved on average they will under perform.

Finally, it allows you to coherently assess alternative investments such as market - neutral funds on the same footing as long - only active managers.

Active managers attempt to «beat the market» (or their relevant benchmarks) through a variety of techniques such as stock picking and market timing.

And this is what we see in the active versus passive debate as well, where investors believe they can choose the market - beating manager.

If active managers as a group are adding value in these inefficient market sectors, I'm unable to find evidence of it.

As an active manager who is selecting good businesses and capable management teams that are undervalued out of the broader universe of equities, we expect to deliver better than the broad market returns over time as we have over Southeastern's historAs an active manager who is selecting good businesses and capable management teams that are undervalued out of the broader universe of equities, we expect to deliver better than the broad market returns over time as we have over Southeastern's historas we have over Southeastern's history.

It is particularly active in the financial services sector, where members of its multidisciplinary team advise banks, asset managers and other financial institutions on all aspects of their contingency planning, such as future market access options, and the costs and risks of business restructuring and relocating, among other concerns.

How do I handle requests for such references?Thank you so much for your help!CherylCHERYL M. EARLE3407 Old Dobbin Road, Montgomery, Alabama 36116 - 1903Home Phone: [phone] Cell Phone: [phone] Fax: [phone] E-mail: [email protected] position managing legal discovery and document review with opportunity to assist attorneys with civil litigationBAR ADMISSIONAlabama State Bar, 1999LAW - RELATED EXPERIENCELaw Firm, AlabamaResearch Attorney for Special Projects, Mass Torts Department, November 2001 — February 2008 • Managed Multi-District Litigation (MDL) Document Depository (September 2002 to February 2008) o Reviewed more than 1 million pages of evidentiary documents for litigation purposes and for inclusion in electronic databaseso Coordinated document review assignments with attorneys at local depository and at other sites across the USo Retrieved, reviewed and coded documents in Concordance and Summation legal databaseso Prepared memoranda and spreadsheets providing detailed analysis of discovery materials • Aided attorneys and support staff with processing and preparation of personal injury claims and litigationo Conducted legal research and drafted pleadingso Conducted supplementary online research for additional documents and information pertinent to litigationo Assisted with preparation of correspondence to clients and referring attorneyso Contacted clients for additional information needed in case preparation, litigation, and potential settlementso Prepared and input case intakes and referrals into databaseLaw School, AlabamaStudent Intern, Alabama Disabilities Advocacy Program (ADAP), August 1996 — June 1997 • Participated in law school clinical program under third - year law student practice rule (as authorized by Alabama Supreme Court) o Assisted attorneys and advocates in cases involving mentally ill patients confined to state mental health facilitieso Interviewed clients in person (at state facilities) and over the phoneo Worked with clients, attorneys, and social workers to investigate and resolve issues concerning involuntary confinement and treatmento Aided in legal research on an appellate brief submitted to the U. S. Court of Appeals for the Eleventh Circuit (ruling granted in favor of our client) Faculty Research Assistant for Library Services, Bounds Law Library, March 1996 — June 1997 • Prepared research and teaching materials for law school faculty; worked 20 hours per week while matriculating 10 - 15 hours per semester) o Investigated copyright issues related to procuring and reproducing texts for academic useo Conducted legal research using WESTLAW, LEXIS and the InternetADDITIONAL RELEVANT EXPERIENCEManufacturing Company (MC), Montgomery, AlabamaAdministrative Assistant and Cost Analyst, Materials Purchasing Department, April 1999 — September 2001 • Assisted materials buyers in negotiating and preparing commodities contracts between raw materials suppliers and MC for manufacturing plants in the US and Mexicoo Assisted Legal Department at MC's corporate headquarters with coordination and preparation of documents for litigationo Notified and educated suppliers about MC's freight - on - board policy and its corresponding Uniform Commercial Code (UCC) provisions; result was the reduction of freight claims for both the company and its supplierso Prepared contracts and purchase orders for raw materials and capital projects involving plant maintenanceo Solicited price quotations from current vendors and established Excel spreadsheet format which simplified quote submission process and allowed MC to track and compare usage volumes and costs over timeo Prepared and analyzed cost reports used by materials buyers and production planners in purchasing decisions, including cost reductions, materials consolidation, and selection of vendorso Acted as liaison between vendors and the Purchasing, Transportation and Accounting Departments on issues concerning inbound freight, commercial carriers, and payment terms for commodities, resulting in reductions in freight costs and greater payment discounts for raw materialso Established online databases and printed directories for the Purchasing Department, allowing buyers to have easier and faster access to current vendor informationo Completed Year 2000 (Y2K) compliance project, which involved data collection and communication with MC's past, present, and potential materials suppliers and service providersNot - For - Profit Organization, AlabamaAdministrative Assistant, Combined Federal Campaign, September 1998 — January 1999 • Aided Campaign Director with 1998 Federal Campaigns (CFCs) in City 1 and City 2, which together generated nearly $ 700,000 for more than 1,000 local, national and international charitieso Prepared weekly reports on donations using WordPerfect, Microsoft Word, Excel and dBase IVo Wrote script for Talent Showcase at City 1's 1998 CFC Kickoffo Assisted Director with merger of the City 1 and City 2 CFCs in 1999Regional Bank, AlabamaAdministrative Assistant, Year 2000 (Y2K) Department, March — June 1998 • Worked with Vice President of Corporate Projects on short - term project for the bank's Y2K Departmento Analyzed and processed data on Y2K readiness for all branches of Bank throughout the southeastern USo Organized meetings for personnel of Banko Communicated with vendors of computer hardware, software, and office equipment to request information on Y2K complianceo Prepared compliance files for Federal Reserve auditso Prepared in - house memoranda and reports using Microsoft Word and ExcelRecord / Music Promotion Company, AlabamaRecord Pool Co-Founder; Office Manager, September 1990 — December 1991 • Co-founded record pool to enhance promotion of music in Alabama and the southeastern USo Procured and distributed records from major and independent labels for club, radio and mobile disc jockeyso Coordinated jointly sponsored promotional events with record companies, radio stations and clubso Designed, wrote, and published bi-weekly reports and brochures to inform the music industry of the progress and popularity of music and performers in the region, with specific focus on the Alabama music sceneMajor University, AlabamaGraduate Research Assistant, AUM Department of Marketing, June 1989 — August 1990 • Worked 13 - 20 hours per week as a research assistant to Marketing faculty while carrying a full course load in the MBA programo Analyzed consumer surveys used in academic researcho Assisted Conference Chairperson with coordination for Atlantic Marketing Association (AMA) annual meeting (October 1989) o Co-authored five - year index and classification of AMA Proceedings (published Fall 1991) EDUCATIONLaw School, AlabamaJuris Doctor (JD), 1997 • Scholarshipso Seybourn H. Lynne Scholarship, 1996 - 97o Dexter C. Hobbs Memorial Scholarship, 1995 - 96o E. W. Godbey Memorial Scholarship, 1994 - 95 • Honorso Who's Who Among American Law School Students, 1996 - 94o Arthur Davis Shores Award, 1997 • Activitieso Frederick Douglass Moot Court Team Manager, 1996 - 97 Southern Regional Competition, Second Place National Competition, Eighth Placeo John A. Campbell Moot Court Competition, Spring 1996o Black Law Students Association Delegate, BLSA National Convention, 1997 Co-Chairperson, Public Relations Committee, 1996 - 97 Chairperson, Public Relations Committee, 1995 - 96 BLSA President's Award, 1996 and 1997o American Bar Association, 1996 - 97 Entertainment and Sports Industries Forum Intellectual Property Section Law Student Divisiono LAWS Student Group Leader, 1995 - 96Major University, AlabamaMaster of Business Administration (MBA), 1990Bachelor of Science in Business Administration (B.S.B.A.), 1988 (Major: Marketing — Advertising and Promotion Track) • Honorso Dean's List • Activitieso National Student Advertising Competition Team, 1988 - 90 Seventh District Competition: Third Place, 1990o Marketing Club, 1987 - 90 Vice President — Career Development, 1988 - 89o Public Relations / Advertising (PR / AD) Club, 1988 - 90 Charter Member, 1988 Active in fund - raising and membership driveso Theater Guild, 1988 - 90 Screening Committee, 1989REFERENCESAvailable upon request

Areas of Expertise IT Management Network Engineering Citrix Engineer \ Administration Active Directory / File Security Manager VMWare Engineer \ Administration Network Design / Architecture Local Area Networks (LAN) Wide Area Networks (WAN Help Desk Management Data Center Management / Design * Altiris Administration System Automation Server Configuration Security Systems Management * Hardware Installation Software Configuration Remote Software Deployment Patch Management * Change Management Project Management Business Process Analysis Business Communications Sales / Marketing Management Risk Management / Disaster Recovery Analyst Statistical Analysis Database Management Policy Development Contract Negotiation * Grant Writing Total Quality Management (TQM) Training & Development TCP / IP Configuration Change Management Monitoring Ability to increase organizational effectiveness and staff skill level through training and awareness of best practices Unique blend of technical experience administrative skills and team - building capabilities Mastery of all phases of project development life cycle including requirements analysis specifications development application design implementation data conversion design review and system testing * Proven ability to communicate effectively with all involved parties to ensure the development of viable business solutions to technical issues Ability to manage complex systems spanning multiple platforms and multiple functionalities * Demonstrated leadership and team - building capabilities in the professional environment as well as through active community involvement * Ability to cultivate trust and respect through open communication and shared goals among various businessActive Directory / File Security Manager VMWare Engineer \ Administration Network Design / Architecture Local Area Networks (LAN) Wide Area Networks (WAN Help Desk Management Data Center Management / Design * Altiris Administration System Automation Server Configuration Security Systems Management * Hardware Installation Software Configuration Remote Software Deployment Patch Management * Change Management Project Management Business Process Analysis Business Communications Sales / Marketing Management Risk Management / Disaster Recovery Analyst Statistical Analysis Database Management Policy Development Contract Negotiation * Grant Writing Total Quality Management (TQM) Training & Development TCP / IP Configuration Change Management Monitoring Ability to increase organizational effectiveness and staff skill level through training and awareness of best practices Unique blend of technical experience administrative skills and team - building capabilities Mastery of all phases of project development life cycle including requirements analysis specifications development application design implementation data conversion design review and system testing * Proven ability to communicate effectively with all involved parties to ensure the development of viable business solutions to technical issues Ability to manage complex systems spanning multiple platforms and multiple functionalities * Demonstrated leadership and team - building capabilities in the professional environment as well as through active community involvement * Ability to cultivate trust and respect through open communication and shared goals among various businessactive community involvement * Ability to cultivate trust and respect through open communication and shared goals among various business units

As an active investor and property manager, Jeff is uniquely in touch with the Tampa - St Pete - Clearwater multifamily real estate market, and can help you market your property in a way that maximizes your return on investment.

I can tell you as an active fund manager in the nationwide preservation of affordable housing, the competition to acquire buildings most difficult to match is in the form of either investors who project spending little (if any) in capital improvements (to maximize cash flow) or those who plan to displace these affordable residents by petitioning to remove the rental restrictions and bring the apartment community back to market rental rate returns.