Investec AM's UK managing director David Aird speaks to editor Katrina Lloyd about how active managers can prove their worth and tackle the industry-wide problem of closet trackers.

'Total research solution' for advisers

Investment Week would like to wish all our readers Merry Christmas and a Happy New Year.

The asset management industry is invited to scrap going for lunch on 23 January, and instead make a donation to the CASCAID charity campaign.

The press conference was actually more interesting than the decision itself, which was widely expected and well telegraphed by the Federal Reserve, but the chairman insisted on two elements which are worthy of attention.

Julius Pursaill, who provides independent governance over assets of around £150bn, argues for the regular testing of investment assumptions.

Winterflood also a partner

As macroeconomic and geopolitical developments buffet public markets and many asset classes offer yields at, or close to, cycle lows, many private investors are asking themselves: is my portfolio diverse enough?

It is easy to get lost in the many headlines proclaiming impending doom for Italy's banking system (especially following the 'no' vote in the constitutional referendum), or in the complex details of state aid and debt burden sharing.

Latest edition of the print magazine now online