Standards, Ethics & Regulations (SER)

172 Posts

13F Watch: Active Management Looks Like a Contrarian’s Bet

13F Watch: Active Management Looks Like a Contrarian's Bet

It’s been an annus horribilis for stock pickers. In the US, fewer than one in five active fund managers are beating the market this year, their worst showing in over a decade. As a result, active funds have been bleeding assets and passive products are seeing record inflows. The fortunes of active managers certainly weren’t helped by Warren Buffett, who earlier this year advocated for passive investing. Read more

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Systemic Risk and the Investment Professional

US Securities and Exchange Commission

Is the money management profession a source of systemic risk? Do the investment flows that we intermediate contribute to financial fragility? Might asset management firms, like banks, be “too big to fail”? Robert Jenkins, FSIP, a member of the Board of Governors of CFA Institute and a senior fellow at Better Markets, urges investment professionals to stand up and speak out. Read more

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