Market Insights

Reducing risk

Risk tolerance is something many investment firms have routinely overlooked. But ravaged by recession, they are desperately looking for ways to create a better risk model. AER spoke with Meir Statman, the Glenn Klimek Professor of Finance at the Leavey School of Business at Santa Clara University in California, and one of the world’s foremost […]

By Mark Noble |April 1, 2009

10 min read

China’s Changing

Skeptical of investing in China initially, Joseph Tse changed his mind about five years ago and reflects on the lessons of experience. “At the margin, things are changing dramatically,” says Tse, manager of Fidelity Far East. “Companies that we’re meeting today are also dramatically different, new IPOs (initial public offerings); the opportunities have grown by […]

By Diana Cawfield |April 1, 2009

3 min read

Active or passive

The mutual fund industry is inundated with misleading numbers. In particular, you’ve likely read an article or two that refers to some study that has shown how most actively managed funds have failed to beat their benchmarks over the long term. The inevitable conclusion would have been that everyone should buy low-fee, index-tracking exchange-traded funds […]

By David O'Leary and Brian O'Neill |April 1, 2009

5 min read

Alternative matters

At a time when correlations are going to one and every asset category has suffered declines, some see alternative investments – in hedge funds, private equity, real estate – as viable still, but, more than ever requiring careful, educated analysis. Advisor Group reporters recently talked to Craig Asche, executive director of the six-year-old Chartered Alternative […]

By Scot Blythe |March 31, 2009

11 min read