Worst is yet to come for active managers, Watson Wyatt warns super funds

Hugh Dougherty, head of manager research for Watson Wyatt in Sydney, said “This is clearly a difficult business environment for active managers and ‘people’ issues are likely to be superseded by ‘business’ issues as the principal concern of management and chief among these will be consolidation, regulation and sustainability.”

 

 

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Geopolitical risks rewire asset allocation ‘operating system’: GIC

Some investors are “missing the point” of geopolitical risks by equating them to the disruptions from conflicts and wars, according to GIC chief economist Prakash Kannan, but in reality, geopolitical risk is no longer episodic or peripheral. This means investors need to think harder about inflation and country composition in their portfolio.

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