Harvard Business Review

MAY 16, 2013

"[W]e find no evidence to support the belief that mutual fund managers can outguess the market," Jack Treynor and Kay Mazuy of the consulting firm Arthur D. After costs, actively managed mutual funds trail the market. trillion in assets in 2010, up from $25.8 When markets struggle, they do.

Asset Management 8

Asset Management Industry Management Cost 8

Harvard Business Review

MARCH 15, 2016

As head of the world’s largest asset manager, with $4.6 ” Backing this up is another group of asset managers who have committed $2 billion to invest in a newly created S&P Long-Term Value Index , a subset of companies doing things right. “If you don’t like our strategy,” he told them.

Short-term 8

Short-term Long-term CFO Wiseman 8

Harvard Business Review

DECEMBER 6, 2012

For example, the SEC in 2010 had charged Goldman with misleading some of the parties to a billion dollar transaction (involving a complex derivative called a synthetic collateralized debt obligation), alleging specific facts about undisclosed conflicts of interest. But, in the op-ed, not a single charge was backed up with a single fact.

Conflict of Interest 8

Conflict of Interest CEO Asset Management Committee 8