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How Active Are Managers in SA

Author

Listed:
  • Tony Bell

    (PeregrineQuant: Head of Marketing)

  • Maarten Ackerman

    (PeregrineQuant: Quantitative Analyst)

Abstract

This paper seeks to provide a balanced perspective on the role that benchmarks play in the setting of investment policy, the degree to which asset managers deviate from these benchmarks in pursuit of adding value and the degree to which value is added. The findings of this occasional paper are also helpful in understanding the role that a quantitative manager fulfils and the degree to which quantitative and active judgemental asset managers should be viewed as having complimentary skills in the establishment of optimal fund structures and prudent investment policy

Suggested Citation

  • Tony Bell & Maarten Ackerman, 2002. "How Active Are Managers in SA," Finance 0202002, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwpfi:0202002
    Note: Type of Document - Pdf; prepared on PC; to print on HP; pages: 5; figures: included. How active are managers
    as

    Download full text from publisher

    File URL: https://econwpa.ub.uni-muenchen.de/econ-wp/fin/papers/0202/0202002.pdf
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    References listed on IDEAS

    as
    1. Keith Ambachtsheer & Ronald Capelle & Tom Scheibelhut, 1998. "Improving Pension Fund Performance," Financial Analysts Journal, Taylor & Francis Journals, vol. 54(6), pages 15-21, November.
    2. Carhart, Mark M, 1997. "On Persistence in Mutual Fund Performance," Journal of Finance, American Finance Association, vol. 52(1), pages 57-82, March.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Active management Quantitative asset management PeregrineQuant investment Pension Funds;

    JEL classification:

    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access
    • F49 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Other
    • R38 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Government Policy

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