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Article: Consistently Outperforming Managers Deliver the Goods but Don’t Attract Most of the Assets

by ivm_wpadmin | Nov 3, 2021

Manager skill is often assessed by examining the consistency with which they outperform the market: even poor managers may get lucky every once in a while, but consistent outperformance requires skill. Following this logic, we examined 308 global equity funds with a...

Article: Beyond Benchmarking: Use Cases for Plan Universe Comparison

by ivm_wpadmin | Oct 28, 2021

Asset allocators turn to plan universes to assess their performance relative to their peers. That same plan universe data also holds the potential to help them do more. What would you do if you received a sudden, huge donation to your endowment plan? Where would you...

Article: Top Performers Secure Higher Fees from Institutional Investors

by ivm_wpadmin | Oct 15, 2021

The proverb “You get what you pay for” rings true for active management fees. Our research team analyzed the Investment Metrics post-negotiated fee database (Investment Metrics Fee Analyzer) to see if there was a connection between fee levels and active manager...

Article: How did interest rates impact Q2 fees, factors and asset flows?

by ivm_wpadmin | Oct 15, 2021

It is clear that over the last couple of years, asset manager fees have been down but with a wide range of disparity depending on firm size and investment types. At the same time, we saw a Growth-Value rotation earlier this year as equity outflows continue. All...

Report: Q3 2021 Factor Performance Analysis

by ivm_wpadmin | Oct 13, 2021

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