Despite some improvements, Q3 results reinforce the view that active managers have found their ability to generate alpha persistently constrained by widespread economic and political risk.
Lyxor ETF has considered the outlook and here provides six steps that investors can take to better understand the allocation between alpha and beta:
- Look back at how active managers have performed YTD
- Explore the equity and fixed income highlights YTD
- Q3 analyse the full results
- Read our views on where to find alpha over the next few months
- Find out how to optimise your portfolio for this environment
- Choose the relevant ETFs