The prisoners of passive investing


Next year’s investment decisions will need to be based on realising investment goals rather than paralysis and passivity

By Susan Barreto

Judging by the same names that keep coming up, alternative investing seems, well, not so alternative any more. In a closer look at the managers favoured by registered investment companies in the US, the convergence of FoHFs and mutual funds just moved a step closer. But what is even scarier is that institutional investors are only a step behind. The brands chosen by RICs yesterday have become the long-term picks of the direct allocators today.

DE Shaw, Brevan Howard, Bridgewater, Elliott Associates, Och Ziff and Winton Capital are just a few