The importance of investment costs in shaping the long-term performance of institutional investor portfolios is a topic receiving increased attention by boards, management, regulators, politicians, and the public at large.
While short term differences in performance can be dominated by how heavily invested one is in an asset class de jour, over longer-term periods, costs really do matter.
During this webinar, Dr. A.D. Beath from CEM Benchmarking shows the importance of investment cost relative to alpha generation from manager selection in determining short- and long-term performance using real, unbiased data provided by large, global Institutional Investors for the past 25+ years.