Numerous studies show that most active managers fail to deliver “alpha” over time net of fees. And yet investors continue to pay high fees for active management. This article asks why investors persist in such seemingly irrational behavior. As long as active managers can keep on charging high fees,

The purpose of this paper is to illustrate the benefits that an active and diversified currency strategy can bring when added to a multi-asset-class portfolio. The advantages that a diversified approach can offer compared with that of the most widely used currency investment strategies will also be

The last two years have seen profit margins for wealth managers squeezed. Advisers have seen their fees from product providers fall from an average of 150bps to 100bps and fees are predicted to continue falling by another 25bps in the near future. The decreasing growth rate within the UK market

Predicting the next mis-selling crisis has always been a difficult task and FSA have accepted that they will never achieve this. Instead, they are opting for a more aggressive and interventionist model which seeks to prevent major mis-selling scandals in the future.

A new report released today reveals the growth of passively managed funds in portfolios – but argues investors are too often lulled into a false sense of security with passive funds.

In this month’s Emerging View we discuss ten conservative ways of investing likely to prove sub-optimal. By conservative is not meant prudent, but rather following the line of least intellectual resistance: doing what others do or what has worked in the past or elsewhere.

While the diversification benefits of the asset class are well known, investors considering the asset class do not always understand the advantages of active management. We will take a look at various inefficiencies in the market and explore how managers can add value to a commodity portfolio.

The environment for active management of equity portfolios has been notably unfavorable in recent years- but things are changing. Opportunities for good managers to deliver strong returns are increasing, whilst the pattern of increased return dispersion among securities generally applies to sectors.

As IPOs on the Brazilian stock exchange stagnate, the country’s speculators are eyeing London’s AIM market. Most emerging market companies look to the US, the UK and European exchanges for their primary listings. However, since 2004, Brazilian companies have increasingly been choosing the Sao Paulo