Which parts of your portfolios are invested in passives or smart-beta strategies?

With passive vehicles once again in the spotlight as the price war hots up, managers explain how they use the products and comment on the expanding smart-beta marketplace

John Husselbee, head of multi-asset, Liontrust Asset Management Smart-beta fees poor value When choosing between active and passive investment strategies, it is important to consider the availability and suitability of products and funds. When a market has a wide dispersion of investment returns, active management can often add value, but if market pricing looks relatively efficient, using lower-cost passives could be wise. Active strategies also require a long-term view, as even the best managers often need time for their investment decisions to pay off. So passives may be better...