Ryan Paterson, research analyst at Thesis Asset Management, has said the widely-held belief that diversification is the key to successful investing has too often been taken to extremes by active managers.
Paterson argued managers who increase the number of holdings in their portfolios beyond 30 stocks in the name of diversification produce a "negligible" benefit from a risk-reduction perspective. "While...
Marcus Brookes appointed CIO
Industry Voice: Over the past ten years, investors have operated in an environment characterised by extremely accommodative and unconventional monetary policy.
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Aviva Investors' chief investment officer for equities, David Cumming, discusses how his team have integrated ESG factors into their decision-making process