Analysts at AB Bernstein expect active managers to continue and even improve on their recent strong performance as correlations between stocks fall and value spreads widen, making it easier to discriminate between the winning and losing stocks.
In the report The Great Correlation Collapse Continues - Where to Look for Alpha?, seen by Professional Adviser's sister title Investment Week, analysts said stock correlations had reached their lowest...
What made financial headlines over the weekend?
Vitality at Work scheme
Reporting to Steve Hill
Appointed on 19 September