Active share may be a useful way of comparing funds, says Sam Liddle, but it does not necessarily reflect manager skill and paying too much attention to the idea could even introduce risks for investors
Since the term was first coined by two finance professors in 2006, ‘active share' has grown to be an important consideration for fund selectors. As it measures how much an equity portfolio's underlying...
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till