Individual sleeves show the portfolio tailor's skill
For financial advisers, balancing the need for personalisation with the imperative for scale has long been a core challenge. However, the use of modular...
When risk rises, stick to the plan
A sound investment framework and coherent plan is always advisable, but it's particularly important when markets are gyrating.
Why we should pay less attention to benchmarks, and more to value creation
The benchmarks that are supposed to measure performance and create alignment with end investors are working against asset managers, and the industry must find...
Investment paradigm shifts as portfolio positioning overtakes performance
With markets at all-time highs and term deposits paying 5 per cent, the focus needs to shift away from relative returns and back towards positioning for...
Juice 'worth the squeeze': Custom model portfolios take hold as SMA market matures
Both in the US and at home, the model portfolio market has matured to the point where most advice firms running managed accounts are in the frame to use...
Portfolio drift remains a clear and present danger for client portfolios
The traditional method of protecting client portfolios from drift remains entirely valid. It's ostensibly cheaper to run portfolios without managed accounts,...
'Process over prediction': What high-conviction teams have over their speculative peers
By avoiding market forecasts and not making prognostications based on macroeconomic conditions or political changes, the Claremont team is able to focus on...
What makes an ideal entry point for a high-conviction investment team?
Meeting the myriad metrics for investment set down by Claremont Global is just the start of a selection process that sees no more than 15 companies held at any...
How to select a fund manager
While much ado is made of the science that goes into fund manager research, real assessment puts comparable weight on the art as well according to investment...
What to do about the ‘concentration conundrum’: Pzena
Owning the largest stocks has historically been a recipe for underperformance over every period, according to value house Pzena, but the madness of benchmark...
Have we reached peak model portfolio?
There is an incredible rush to bring model portfolio offerings to market from every corner of the advice ecosystem. From platform providers to licensees and...