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Passive investeringsprodukter vinder frem

Selvom prisskiltet på passive investeringsprodukter ofte er ganske ens er der alligevel betydelig variation i, hvor tæt de opnåede afkast er på markedsafkastet.

Nikolaj Holdt Mikkelsen, CFA 21/11/2011

Det globale marked for forvaltede produkter er domineret af aktiv forvaltning, hvor målsætningen er skabe et afkast, der overstiger markedsafkastet. Ingen tvivl om det. Faktisk er mere end 86 pct. af alle forvaltede produkter på global plan aktivt forvaltede, mens blot 14 pct. er indeksbaserede – også kaldet passiv forvaltning.

Når det er sagt, så er der imidlertid tilbagegang for aktivt forvaltede produkter i form af aftagende interesse fra investorerne. Renset for afkastet er tilbagegangen i formuen 1,3 pct. over det seneste år, mens fremgangen for indeksbaserede produkter er oppe på mere end 9 pct.

Væksten blandt indeksprodukter er især drevet af de mange nye Exchange Traded Funds (ETF), som hovedsagelig satser på passive produkter med lave omkostninger.

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Om forfatteren

Nikolaj Holdt Mikkelsen, CFA

Nikolaj Holdt Mikkelsen, CFA  

Chefanalytiker i Morningstar Danmark

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