According to the IBM Institute for Business Value, only 15 percent of long-only active managers have outperformed their stated benchmark over the past 5, 10, 15, 20, 25, 30 or even 40 years.
Despite that, about 70% of the world’s assets under management is currently invested in traditional long-only active strategies.
All this has led to a degree of scepticism among some investors with regard to the effectiveness of active asset management.
But in this video shot at Citywire’s Paris forum, Sebastian Boulet, analyst at multimanager specialist HDF Finance, hails the merits of active fund management and why it is the best way for investors to achieve their investment objectives.
He also reveals where and how multimanagers add value and how he discovers new managers and strategies.