Not exact matches
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.
We're the fourth largest fixed - income business in the world and we would
say that that business is fundamentally one where
active management makes a lot
of sense.
Morningstar Director
of ETF Research Scott Burns answered that he is more positive and constructive on
active management,
saying that «the efficiency
of the ETF wrapper» will lead more companies like PIMCO to move into ETFs.
The panel then considered the issue
of active management within the ETF space, with Matt Hougan, president
of ETF analytics at IndexUniverse,
saying, «investors have proved themselves very fickle in the ETF space.»
Scott Burns, director
of ETF analysis at Morningstar,
says the asset -
management industry is asking the wrong questions about
active ETFs.
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Investors who are more
active have been buying and selling ETFs, especially those who want to «eliminate single - stock noise,»
says Rich Messina, a senior vice president
of investment product
management at E-Trade.
CEO Christopher North
said, «We delivered a solid performance in the third quarter,» and noted the completion
of the two significant projects - migrating its most
active customers to the company's cloud
management service and an update to the mobile app.
The decision comes at the expense
of Sol Campbell, who has been
active in stating his desire to land a job in
management, and recently
said he'd be «over the moon» to work at Grimsby.
Jones
says: «In the 1960s, the consultant - controlled maternity units introduced a policy
of «
active management of labour (AML)», which ensured pregnant women lost all power over childbirth.»
«Arcadia's natural diversity combined with our
active management of important grasslands and shrublands provide habitat for a wide range
of bird species,»
said Keane.
In describing
active management, one
of its practitioners
says: «Twelve hours is considered the maximum safe duration
of spontaneous labor and cesarean section is performed unless delivery is imminent at that time» (O'Herlihy).
«Our findings are promising, but it is not entirely clear whether these improvements were the result
of added vibration or just the effects
of being more
active,»
said lead author Tony Kaleth, associate professor in the School
of Physical Education and Tourism
Management at Indiana University - Purdue University Indianapolis.
«We can't be complacent about invasive ant spread, even
of species that have mostly fallen off the radar
of active management around the world,» she
says.
«This is really an important finding, because before patients and their doctors decide to pursue
active surveillance as a
management option for prostate cancer, both the physician and patient should agree on a follow - up schedule to closely monitor the cancer,»
said Chamie, who is surgical director
of UCLA's bladder cancer program and a member
of the Jonsson Comprehensive Cancer Center.
Head teacher Toni Hilton
says its important for her leadership team to keep abreast ofcritical aspects
of the school's
management and operations as well retaining an
active participation in the process
of self - evaluation and development planning.
Hyundai marketing
management claims Elantra GT hatchback customers are more
active than its sport / utility customers, which is another way
of saying the hatch customers are younger.
«We are expecting the
Active Tourer will have a conquest rate
of around 75 percent,»
said Frank Niederlaender, head
of product
management for BMW's lower model range.
When I go to bed tonight, I will
say a humble prayer
of thanks to the
active management community for providing the public such an efficient market.
BMO Asset
Management chief investment officer Kevin Gopaul
says 19
of BMO ETFs» 62 ETFs are rules - based and follow BMO's own methodology «but I don't call them
active.»
«I think the big move now is from
active [investing] to passive, and that's good for most people,»
says Joel Greenblatt, Managing Principal
of Gotham Asset
Management and the guru Validea's «Earnings Yield Investor» is based on.
Though Colby Penzone, senior vice president for Fidelity's investment product group,
says the company still believes «in the powers
of active management and the value it can provide our customers,» the index fund fee cut is «hugely significant,»
says Fidelity Investor editor Jim Lowell.
They
say that
active investment
management doesn't work, but then they're market timing and picking stocks - which is the definition
of active management.
One
of the main arguments against «
active management» is that the average
active manager loses to index funds — but this is like
saying the Pope is Catholic or bears crap in the woods.
That is particularly true, they
say, if the
active fund has a good long - term track record and charges lower
management fees than most
of its peers.
Leo Salom, Toronto - Dominion's head
of wealth
management,
said at an October investor day conference that the bank would be «rolling out» passive and
active ETFs «in the early part
of next year.»
As the vast majority
of investors choose the conventional route
of active management through mutual funds (the second half
of the book is a stinging critique
of the shortcomings
of active management), the author
says that constructing a well - diversified, equity - oriented, passive portfolio is an unconventional investment strategy but provides the best chance
of success.
The legendary investor and author
of The Little Book that Beats the Market (2010) has started a new fund called the Gotham Index Plus Fund that seeks to bend passive an
active management strategies by tracking the S&P 500 and using it, the article
says, as an «overlay strategy to build a long / short exposure based on Gotham's value models.»
Many financial experts expect uncertainty and volatility that may vary by sector, which could favor those with
active strategies,
said Jonathan Murray, managing director
of wealth
management for UBS Wealth Management
management for UBS Wealth
ManagementManagement Americas.
While there was scope for «further use
of mediation», this should be achieved through «
active judicial case
management», the CJC
said.
In 2014, he penned a Financial Times op - ed in which he called bitcoin the «tulip
of the 21st century» and
said that no currency could succeed without
active management from a central bank.
I've never thought
of unemployment as a sort
of «activity»
of sorts where I'm still
active even though I'm not employed, per se, as in the example where it
says «Family
Management» as a concealer for a period
of unemployment.
The buyout talks remain
active,
said Bruce Flatt, CEO
of Brookfield Asset
Management Inc., declining to discuss the negotiations in detail.
«REIT
management teams are taking a much more
active role in managing their portfolios through acquisitions and dispositions,»
says Alexander Goldfarb, managing director
of Sandler O'Neill + Partners LP.
«As
active as the market is with the product that we have today, we are looking at the tip
of the iceberg in terms
of boomers hitting retirement age,»
says Scott Stewart, a managing partner at Capitol Seniors Housing, a private equity - backed real estate acquisition, development and investment
management firm based in Washington, D.C. «The fast - paced growth
of that population in that sector is going to make today's discussion
of overbuilding obsolete, because there just aren't enough places for everybody today,» he
says.