The majority of executives at large pension and sovereign wealth funds plan to shift focus to portfolio construction and add direct investment capabilities to their investment process over the next five years. In a survey conducted by the Financial Executives Institute, more than half (54 percent) of those surveyed said they expect that within two years, most or all of their investments will be in actively managed funds.
The majority of executives at large pension and sovereign wealth funds plan to shift focus to portfolio construction and add direct investment capabilities to their investment process over the next five years. Executives want to concentrate on the basics of investing, building optimal portfolios and strategic asset allocations, according to a report from McKinsey.