Under active management, the portfolio manager makes investments based on their own convictions, which may differ from underlying stock market indices1. This approach requires forming opinions through hard work, the courage to implement and stand behind the resulting strategy, and the independence and freedom to do so.
Doubt and uncertainty are financial markets’ worst enemies, as they feed investor fears. Events such as soaring inflation, the war in Ukraine and the COVID-19 pandemic are all stress factors for financial markets, as they may have a major impact on the global economy.
In such challenging times, it can be particularly difficult for investors to decide when and how to invest. But, for professionals who practise “active” portfolio management, these periods can present genuine opportunities. Read more >