smart

Hedge Funds

Low volatility on the rise

Superannuation funds will make a big shift into low-volatility smart-beta products over the next 12 months, according to Fraser Murray, head of equities at Frontier Advisors. Speaking at a packed Investment Management Consultant Association (IMCA) seminar in Sydney, Murray told how there had been little activity in this space until now, but this was about […]
Hedge Funds

Smart beta: is it worth it?

Most smart-beta offerings fall into the same trap as index strategies: blindly following a set of criteria even when the strategy is underperforming. Instead, beta harvesters should be more thoughtful, according to Tim Gardener, head of institutional client strategy at AXA Investment Managers, who also believes smart-beta strategies are overpriced. “In beta strategies, market cap […]
Investment Strategy

The rise of smart beta

A growing understanding of how smart beta works is exposing the way some managers are charging high fees for the same product and labeling it as active, claims Towers Watson. The remarks were made in a presentation to leading institutional investors at the Conexus Financial Fiduciary Investors Symposium in the Blue Mountains, by Hugh Dougherty, […]
Hedge Funds

Online service most highly rated

HESTA was the top-scoring fund in a survey of member-satisfaction levels carried out by CoreData Consulting, which has highlighted the need for more tailored member communications. Four out of five members (79.5 per cent) surveyed said they were satisfied with HESTA, compared to an average rating of 62 per cent for all funds after respondents were […]
Unintentional

Ideas

Where They Come From and How To Cultivate Them It has often been said in recent months that one benefit from the global financial crisis is that funds managers and investment banks will not be vacuuming up the best brains in the world in future; they will be left to pursue more worthwhile endeavours such […]
Unintentional

Ideas

Where They Come From and How To Cultivate Them It has often been said in recent months that one benefit from the global financial crisis is that funds managers and investment banks will not be vacuuming up the best brains in the world in future; they will be left to pursue more worthwhile endeavours such […]
Investment Strategy

SMAs battle platforms for right to squeeze manager margins

Funds managers willing platforms to die should be careful what they wish for – Praemium boss Arthur Naoumidis thinks his new breed of self-managed account (SMA), a SMART Fund, will translate from its UK origins and be embraced by Australian financial planners, halving the fees that managers receive from old-fashioned physical mandates in the process.
Investment Strategy

SMAs battle platforms for right to squeeze manager margins

Funds managers willing platforms to die should be careful what they wish for – Praemium boss Arthur Naoumidis thinks his new breed of self-managed account (SMA), a SMART Fund, will translate from its UK origins and be embraced by Australian financial planners, halving the fees that managers receive from old-fashioned physical mandates in the process.
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