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Philosophies of Active Asset Management and Investment Strategies
A discussion on the active-passive debate in investment management, focusing on the philosophy of delivering alpha for clients over the long term. The chapter explores organizational team design, investment models in various sectors, the integration of data and AI, behavioral science in portfolio decisions, and the speaker's approach to portfolio position sizing. Additionally, it delves into the evolution of the company, client interactions, operational challenges, decision-making processes, and the future vision of Wellington Management in the next decade.