Is now the time for active management?

06/11/2017

For more than ten years, passive investing has gained equity market share at the expense of active investing. In this month’s update, Ritu Vohora, Investment Director, questions whether the market backdrop is now more supportive of active investment strategies. 

Ritu also provides a review of market trends in October as the global equity rally becomes further entrenched. Japan was the standout performer following Shinzo Abe’s decisive election win. The cyclical regions of Asia Pacific ex Japan and emerging markets were also strong, while Europe and the UK lagged.

Elsewhere, oil moved decisively over US$60 per barrel, but gold remained sensitive to movements in the US dollar and central bank policy.

The value of investments will fluctuate, which will cause prices to fall as well as rise and investors may not get back the original amount they invested.