Active allocation fails to outperform in more than 85% of multi-asset funds

Investment Week

According to the firm, in a study of 160 muti-asset strategies within the IA Mixed Investments 40-85% Shares sector, less than 15% managed to outperform a standard global equity index over the ten years to March 2024. The results were slightly more positive when considering a benchmark with a UK bias, where almost 20% provided greater returns than the index. As a result, Fundhouse argued that in over 80% of cases “it would have been better to have done nothing, rather than something”, when referring to active allocation. How is potential central bank monetary policy divergence affe…

The full article is available here. This article was published at Investment Week.