AB’s Phelps to speak on concentrated portfolios in Hamburg
Mark Phelps, head of Concentrated Global Growth at AB, will join InvestmentEurope‘s Pan-European Fund Selector Summit in Hamburg.
Reviewing the long term academic evidence supporting the case for building concentrated equity portfolios shows that concentrated managers provide better returns over the long run and that investors should look for managers with high active share, Phelps will argue in Hamburg.
Mark Phelps is head of Concentrated Global Growth. Prior to joining AB in December 2013, he was president and managing director of Global Investments at W.P. Stewart & Co. From September 2008 to June 2013, Phelps also served as W.P. Stewart’s chief executive officer.