Senior executives from the distribution, product and marketing areas of the investment management business were brought together in NYC to hear exclusive presentations on the critical issue of Active/Passive management. Hosted by OppenheimerFunds, highlights included a presentation from the CEO and President of Oppenheimer Art Steinmetz, as well as presentations from Casey Quirk and other industry thought leaders.
SGI’s business, event and marketing teams played critical roles bringing issues, people, themes and presentations together for its client, the MFEA. The event resulted in a new mission for SGI to educate investors and engage with financial media, helping further their understanding of investment products.
[column col=”2/3″]Meeting Takeaways
1. Index overweighting is a potentially critical issue for investors that is being underreported
2. Not all indexes are better than comparable active managed portfolios
3. Historical cycles greatly impact the performance of both styles
4. Over long periods of time, actively managed small cap value outperforms indexes
5. Selection is not as simple as current performance and fees
6. There are many share class and fee issues that are not understood by investors
7. The industry needs to find a voice on this critical subject
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Art Steinmetz
Chairman, CEO & President — OppenheimerFunds
SGI Conference Team
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