ScienceGuy

Academicians from the University of Geneva and professionals from UBS discuss the famous dichotomy between active and passive investing, how to measure and analyze investment performance and the future trends in the investment management industry. We will learn about the absolute and relative performance, risk-adjusted returns and how to decompose investment performance. The focus then shifts to two main categories of investment vehicles, active and passive funds and what they entail in terms of expected performance. Finally, we explore the world of sustainable finance, neuro finance and fintech, the future of the investment management industry. Click here to read my notes 1. Module-1     I. Introduction          - Common mistakes          - Mutual funds          - Closed-end funds vs Open-end funds     II. Active vs Passive management 2. Module-2     I. Absolute vs relative performance          - Choosing the right benchmark (UBS)          - Shifting from relative to absolute return

Now retail investors can invest in G-Secs and T-bills. Personally, I feel it is a win-win situation and a very important market gap being filled. Until now if we needed to invest in these securities, we had to go through mutual funds as individual investors. But opening up for retail investors will be beneficial to both the government and individuals.  I say this because I feel G-Secs are very secure assets and rather than keeping excess amount in banks or un-necessarily investing in market risk equities, it is far better to go into G-Secs. Yes, they can be tapped through mutual funds but then they have their own fee and they are subjected to market risks as well and have their own complications. However, being personally being able to invest, I would suggest everyone allocate a fraction of their portfolios to this instrument. The fraction depends on the investment horizon and risk appetite. But especially to people nearing retirement, rather than going into other instruments, seriousl