AI this, AI that. You can’t get away from it.| The Investment Ecosystem
The most recent essay on the site deals with an important question for institutional asset owners (and other investors too). It is titled “Does it Matter (How the Money is Made)?”| The Investment Ecosystem
Asset owners face dilemmas about whether the investment function ought to be an island unto itself, only concerned about the optimal risk/return profile for the portfolio, or whether other considerations ought to be factored into decision making.| The Investment Ecosystem
The next essay to be published will be “Does it Matter (How the Money is Made)?” It will delve into questions about whether and how asset owners should consider the business models and practices behind the returns that they receive — or just focus on maximizing those returns.| The Investment Ecosystem
The most recent essay published on the site was “Finding the Right Speed,” which dealt with a problem that doesn’t get much attention. At what pace should an investment decision get made? The answer could vary from nanoseconds to years depending on the type of decision; the key is to design an approach that fits best with the circumstances, but it is easy to be pushed into being too fast or too slow.| The Investment Ecosystem
Across the investment ecosystem, the pace at which decisions are made and implemented varies widely. That raises the question of what the optimal speed should be for any particular investment activity.| The Investment Ecosystem
All of these postings are freely available.| The Investment Ecosystem
One specialty of The Investment Ecosystem is due diligence and manager selection. A short PDF provides a summary of some resources we offer if that’s an area of interest for you.| The Investment Ecosystem
The most recent posting on the Investment Ecosystem, “The Active Management Reinvention Project,” addresses the lack of differentiation across much of the active management universe. It’s worth your time and attention. (If you have feedback on the piece, please send it along.)| The Investment Ecosystem
“Active management” is a big tent that includes a broad range of strategies and organizations.| The Investment Ecosystem
A previous edition mentioned an upcoming posting about “the active management reinvention project.” It’s still coming! (Reinvention takes time.)| The Investment Ecosystem
Jason Zweig’s book, The Devil’s Financial Dictionary, is the subject of the latest Investment Ecosystem posting. (Subscribe here to see all of the content as it is released.) It is an unusual and fun look at the lexicon of the investment business:| The Investment Ecosystem