Sentences with phrase «with high active share»

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.

Ultimately, we care little about growth / value styles and focus on market - beating returns with high active share, low tracking error, and low turnover.

The Fund strives to outperform the S&P 500 index with a high active share.

However, choosing a fund with a high active share won't necessarily translate to better returns.

Funds with high active share do seem to create alpha.

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

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.

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

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.»

1) Active Share predicts fund performance: funds with the highest Active Share significantly outperform their benchmarks, both before and after expenses, and they exhibit strong performance persistence.

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.

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.

Contract negotiations also led to more work - rule efficiencies, additional sick leave, more health plan options, higher health insurance opt - out payments and increased health insurance premium sharing, with contributions capped at $ 6,000 for active employees and $ 8,000 for retirees.

A new high - strength steel platform, shared with parent company BMW's 2 - series Active Tourer, underpins the third - generation Clubman.

Examining 2,650 funds from 1980 to 2003, Cremers and Petajisto found the highest ranking active funds, those with an Active Share of 80 % or higher, beat their benchmark indexes by 2 - 2.71 % before fees and by 1.49 - 1.59 % afteractive funds, those with an Active Share of 80 % or higher, beat their benchmark indexes by 2 - 2.71 % before fees and by 1.49 - 1.59 % afterActive Share of 80 % or higher, beat their benchmark indexes by 2 - 2.71 % before fees and by 1.49 - 1.59 % after fees.

The authors also found Active Share and excess performance is higher among funds with fewer assets under management.

An active share of 94.2 is extremely high for a fund with a large cap portfolio.

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.

Professor Cremers has since gone on to update the study with the finding that long holding periods are nearly as important as high Active Share to securing investment outperformance.

If you pick a fund with a low active share and a high fee, then you can expect your return to be the index minus the fee.

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.

If you are looking for an athletic, intelligent and high - energy family member to share an active life with.

James Bond, your local deep sea welder, Wonder Woman, Formula 1 race car drivers, horse jockeys, police officers, and active military personnel share a common characteristic: they're perfect examples of people with professions that life insurance underwriters classify as high - risk jobs.

This native Californian who captained the water polo team at Beverly Hills High School is not only an active member of the school's athletic alumni association but also frequently returns to share his professional experiences with current students.