Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Anu Ganti"


4 mentions found


Despite the odds, active managers turned in a better-than-expected performance in 2023, according to a report out today by S & P Global. The bad news: the long-term performance of active managers remained dismal. The majority (60%) of large-cap fund managers underperformed the S & P 500 in 2023, according to S & P Global. While that may not seem like an impressive performance, it is slightly better than the historic average of 64% that underperform the S & P 500. Surprising, because 2023 was a tough year for active managers.
Persons: Dow, Anu Ganti, Dow Jones, Ganti Organizations: P, Dow Jones, U.S, Dow Jones Indices Locations: U.S
watch nowThe S&P 500 may be trading around 2022 lows, but a new report finds active managers are having their best year since 2009. S&P Global recently published its Mid-Year 2022 SPIVA U.S. Scorecard, which measures how well U.S. actively managed funds perform against certain benchmarks. Underperformance ratesGanti said underperformance rates remain high because active managers historically have had higher costs than passive managers. Because stocks are not normally distributed, active portfolios are often hindered by the dominant winners in equity markets. Additionally, managers compete against each other, which makes it much harder to generate alpha — in the 1960s, active managers had an information edge since the market was dominated by retail investors, but today, active managers primarily compete against professional managers.
A volatile market is traditionally a strain on active managers as they navigate their clients' portfolios, but 2022 has proven to be an unconventional year for their operations. According to the SPIVA U.S. Scorecard, a new study by S&P Global, large-cap active managers are experiencing the best year against their benchmarks since 2009. Ganti said the declining market has brought losses across equities and fixed income, as well as rising rates and rising inflation. According to the SPIVA study, higher dispersion implies a greater possibility of generating above-average performance through judicious stock selection. Eighty-four percent of active managers underperform benchmarks after five years.
Active managers having best year since 2009, according to S&P
  + stars: | 2022-09-26 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailActive managers having best year since 2009, according to S&PAnu Ganti, S&P Dow Jones Indices, joins the 'Halftime Report' to discuss the debate over active vs. passive investing, and who's been doing better this year.
Total: 4