Group finance director John Armstrong said: "Having delivered more than PS100m inward investment and developed homes for in excess of 1,000 people in Newcastle in recent years, it is with a sense of regret but perhaps also inevitability that we are having to adopt a more passive investment strategy
and look at developments outside the region to realise our growth ambitions."
We are fully committed to a passive investment strategy
and often use low-cost institutional managers who construct passive asset class mutual funds and core equity funds.
Jackson started work fairly early in life; he had a bit of a savings jump-start, yet assuming early earnings were invested on flashy trousers, the subsequent 30 years of work would have been placed in jeopardy by adherence to a passive investment strategy
aligned to the Brainiacs of 1980.
According to the survey, 84 percent of the respondents still use a passive investment strategy
, characterized by buying securities and holding them until maturity or investing in benchmark products designed to yield the market rate of return.
A passive investment strategy
involves investing the portfolio in a way that results in the returns of each asset category matching that of an index (e.g., investing the U.S.