RBC Capital Markets says in 2015 the asset management business could face many of the same challenges in 2014, with a move to passively managed funds continuing and perhaps hastening, according to a new report from analysts Eric N. Berg, CPA, Bulent Ozcan, CFA, and Kenneth S. Lee . Active managers will continue to close shops Actively managed funds who underperform the broader stock market benchmarks or don’t provide noncorrelated returns streams or downside protection — in effect offering no unique benefit to the investor — will continue to close shop. In a January 8 equity research piece, RBC analysts Eric Berg,…
2015 Could Be Another Be Difficult For Active Managers
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.