Many of our clients are contemplating how best to apply the tools of active management — from downside risk mitigation to alternative strategies. Here we offer our latest thinking on some of the opportunities.
Author: Adam Berger, CFA
Ideas to help narrow the return gap Today, institutional investors find themselves between a rock and a hard place. Their return targets remain relatively high, yet long-term return expectations for the...
File under: Constructive thinking on active allocations
Evolve your tactical asset allocation by redefining TAA
Authors: Mark Lynch, ...
Tactical asset allocation (TAA ) strategies have long sought to deliver equity-like returns without the market risk of a pure equity allocation. However, such strategies have enjoyed mixed success, which has...
File under: Constructive thinking on active allocations
Long/short investing in financials: Tapping into an industry renaissance
Authors: Andrew Heiskell, ...
Over the last 20 years, the financial sector has been among the most volatile within global stock markets — but with little risk-adjusted performance to show for it. A Sharpe ratio of a mere 0.1 for the...
File under: Desire for upside, fear of downside: Can alternatives help?, Constructive thinking on active allocations
An index isn’t a fiduciary — and six other concerns about the push for passive
Author: Adam Berger, CFA
“It is difficult to get a man to understand something, when his salary depends upon his not understanding it.” This quote from Upton Sinclair might resonate with proponents of passive investing who...
File under: Constructive thinking on active allocations
