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Bridge over ocean
26 February 2004 Multimedia

Points of Inflection

New Directions for Portfolio Management

  1. Peter L. Bernstein

In this webcast presentation, Peter L. Bernstein discusses:
• How the changing environment for investment management will influence the trade-offs between risk and return.

Peter L. Bernstein discusses:

  • How the changing environment for investment management will influence the trade-offs between risk and return.
  • Four points of inflection in investment management and their significance: benchmarking, indexing, long-only portfolios, and investment research.
  • Regulation, a fifth point of inflection: a suddenly more significant element influencing transparency, management responsibilities, and payments for research.
  • How asset management should change if the long-run equity risk premium is lower than it has been in the past.

Please note that text may be difficult to read in this recording.