Hunting for alpha in a fund

It is not good enough to get away with what amounts to a closet tracking portfolio with fees that would correspond more appropriately with an active approach, says Rod Guest, international sales manager for Marlborough International Investment.

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Guest says there are too many of these sorts of funds in the market and it is a challenge for advisers when outsourcing to choose the right managers that do genuinely can add value on the investment management front.  

He further explains the key ingredients for how a fund manager can search out Alpha in a portfolio.

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