{"id":6478,"date":"2021-03-01T08:54:08","date_gmt":"2021-03-01T07:54:08","guid":{"rendered":"https:\/\/pointcapital.ch\/active-portfolio-management-is-it-necessary\/"},"modified":"2025-11-26T12:40:19","modified_gmt":"2025-11-26T11:40:19","slug":"active-portfolio-management-is-it-necessary","status":"publish","type":"post","link":"https:\/\/pointcapital.ch\/en\/active-portfolio-management-is-it-necessary\/","title":{"rendered":"Active portfolio management: Is it necessary?"},"content":{"rendered":"[vc_row type='in_container' full_screen_row_position='middle' column_margin='default' column_direction='default' column_direction_tablet='default' column_direction_phone='default' scene_position='center' text_color='dark' text_align='left' row_border_radius='none' row_border_radius_applies='bg' overflow='visible' overlay_strength='0.3\u2033 gradient_direction='left_to_right' shape_divider_position='bottom' bg_image_animation='none'][vc_column column_padding='no-extra-padding' column_padding_tablet='inherit' column_padding_phone='inherit' column_padding_position='all' column_element_direction_desktop='default' column_element_spacing='default' desktop_text_alignment='default' tablet_text_alignment='default' phone_text_alignment='default' background_color_opacity='1\u2033 background_hover_color_opacity='1\u2033 column_backdrop_filter='none' column_shadow='none' column_border_radius='none' column_link_target='_self' column_position='default' gradient_direction='left_to_right' overlay_strength='0.3\u2033 width='1\/1\u2033 tablet_width_inherit='default' animation_type='default' bg_image_animation='none' border_type='simple' column_border_width='none' column_border_style='solid'][vc_column_text el_class='b-subheading']Anyone who has ever experienced for themselves how quickly stock markets can turn \u2013 from euphoria to uncertainty within a few weeks \u2013 knows how valuable active management can be.[\/vc_column_text][vc_row_inner column_margin='default' column_direction='default' column_direction_tablet='default' column_direction_phone='default' text_align='left' row_position='default' row_position_tablet='inherit' row_position_phone='inherit' overflow='visible' pointer_events='all'][vc_column_inner column_padding='no-extra-padding' column_padding_tablet='inherit' column_padding_phone='inherit' column_padding_position='all' column_element_direction_desktop='default' column_element_spacing='default' desktop_text_alignment='default' tablet_text_alignment='default' phone_text_alignment='default' background_color_opacity='1\u2033 background_hover_color_opacity='1\u2033 column_backdrop_filter='none' column_shadow='none' column_border_radius='none' column_link_target='_self' overflow='visible' gradient_direction='left_to_right' overlay_strength='0.3\u2033 width='1\/1\u2033 tablet_width_inherit='default' animation_type='default' bg_image_animation='none' border_type='simple' column_border_width='none' column_border_style='solid'][vc_column_text css='' text_direction='default']When prices fall, you ask yourself: Should I have reacted faster? When new trends emerge, you think: Am I still in the right position? This is where an active approach comes in: It's about not just watching, but steering with well-founded decisions. What counts here is not a gut feeling, but experience, an understanding of the market and a clear strategy.<\/p>\n[image_with_animation animation ='fade-in' image_url='https:\/\/pointcapital.ch\/wp-content\/uploads\/2021\/03\/Bild1.jpg' delay=''] [\/image_with_animation]\n<h2>Why do we consistently rely on active portfolio management?<\/h2>\n<p>Many of our clients have neither the time nor the desire to deal with <a href=\"https:\/\/pointcapital.ch\/vermoegensanlage\/\">investments<\/a> on a daily basis \u2013 they expect forward-looking portfolio management that recognizes opportunities, manages risks and makes decisions professionally. For us, active management means more than just responsibility: we invest alongside our own family assets. This common interest shapes our actions \u2013 in every market phase.<\/p>\n<p>But what exactly does that mean \u2013 active management? And why do we think this approach is essential, especially in times when passive products are booming?<\/p>\n<p>Find out below what active <a href=\"https:\/\/pointcapital.ch\/en\/?p=5731\">asset management<\/a> is all about, what strengths it offers \u2013 and how it helps to manage assets in a targeted, flexible and future-oriented manner.<\/p>\n<h2>What is active asset management?<\/h2>\n<p>Active management means that investment decisions are made actively in order to exploit opportunities and minimize risks. In contrast to passive investing, which merely tracks an index, an active investment approach aims to analyze and react to the market in a targeted manner. The focus is not only on returns, but also on protection against losses and flexibility in the event of market developments.<\/p>\n<h2>Why does active portfolio management make sense?<\/h2>\n<p>Active portfolio management makes it possible to react to market changes in a targeted manner and achieve above-average returns. Market conditions are constantly changing. Active management allows you to recognize developments at an early stage and adjust your portfolio accordingly. An active approach proves particularly effective in volatile phases:<\/p>\n<ul>\n<li>Trends are identified and utilized at an early stage<\/li>\n<li>Obsolete index weightings are avoided<\/li>\n<li>Risk can be managed in a targeted manner<\/li>\n<\/ul>\n<h2>What are the advantages of active asset management?<\/h2>\n<p>Active <a href=\"https:\/\/pointcapital.ch\/en\/asset-management-with-active-risk-management\/\">asset management<\/a> combines strategic thinking with flexible implementation and thus offers greater adaptability. It is based on detailed analysis, long-term planning and risk-conscious management:<\/p>\n<ul>\n<li>Investments in quality stocks with sustainable potential<\/li>\n<li>Consideration of market cycles and industry rotations<\/li>\n<li>Exploiting asymmetric opportunities through targeted stock selection<\/li>\n<li>Option to hedge in times of crisis<\/li>\n<\/ul>\n<h2>How does active portfolio management take advantage of current market changes?<\/h2>\n<p>Active management offers the opportunity not only to react to markets, but also to stay one step ahead of them. The decisive factor here is how opportunities are recognized and risks are actively addressed.<\/p>\n<table style=\"margin-left: auto; margin-right: auto;\" border=\"1\" width=\"90%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr style=\"background-color: #3f4b6f;\">\n<td style=\"border: 1px solid #ddd; padding: 8px; color: white;\"><strong>Challenge<\/strong><\/td>\n<td style=\"border: 1px solid #ddd; padding: 8px; color: white;\"><strong>Active response<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #ddd; padding: 8px;\"><strong>Trend change in the market<\/strong><\/td>\n<td style=\"border: 1px solid #ddd; padding: 8px;\">Early identification and targeted reallocation<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #ddd; padding: 8px;\"><strong>Overweighting of outdated sectors<\/strong><\/td>\n<td style=\"border: 1px solid #ddd; padding: 8px;\">Avoidance through flexible allocation<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #ddd; padding: 8px;\"><strong>Increasing volatility<\/strong><\/td>\n<td style=\"border: 1px solid #ddd; padding: 8px;\">Targeted risk management<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2>How does active management identify future winners?<\/h2>\n<p>Through market observation and analysis, active management recognizes companies with sustainable growth potential. 'Is this company part of a sustainable trend \u2013 or just a short-term hype phenomenon?' Active asset management asks itself precisely these questions on a daily basis. Actively managed strategies are not based on past successes, but on future opportunities. This means<\/p>\n<ul>\n<li>Industry and regional rotation are actively supported<\/li>\n<li>Hypes are critically scrutinized<\/li>\n<li>Focus on substance and sustainability<\/li>\n<\/ul>\n<h2>How is long-term stability achieved through active management?<\/h2>\n<p>Active <a href=\"https:\/\/pointcapital.ch\/en\/investment-strategy\/\">investment strategies<\/a> are based on convictions and a clear focus on quality. Even in fluctuating markets, solid companies remain successful in the long term. It\u2026<\/p>\n<ul>\n<li>\u2026 relies on proven business models<\/li>\n<li>\u2026 remains invested even in times of crisis<\/li>\n<li>\u2026 pursues an overriding investment objective with perseverance<\/li>\n<\/ul>\n<h2>How does active management take economic cycles into account?<\/h2>\n<p>Cyclical effects are actively integrated into the portfolio orientation, as they play a central role in the strategic portfolio orientation. Active management analyzes which phase the economy is currently in and makes targeted investment decisions on this basis. In economic upswings, growth sectors such as consumer goods or industry are weighted more heavily, as they make an above-average contribution to value creation in such periods. In an economic downturn, on the other hand, the focus is increasingly on defensive sectors such as utilities or healthcare, which deliver stable returns even in weaker market phases. This flexible reallocation makes it possible to actively exploit cyclical developments and adjust the portfolio accordingly.<\/p>\n<h2>How does active management protect against risks?<\/h2>\n<p>A key aspect of active management is targeted risk management to limit losses. Active intervention is possible in phases of high volatility:<\/p>\n<ul>\n<li>Hedging through liquidity reserves<\/li>\n<li>Increase investments in low-correlation investments such as gold, real estate or bonds<\/li>\n<li>Adjustment of the weighting of risky investments<\/li>\n<li>Aligned interest through co-investment by the managers<\/li>\n<\/ul>\n<h3>The most common mistakes when investing in shares<\/h3>\n<p>Avoid typical investor mistakes with sound knowledge.<br \/>\nIn our free guide you can find out:<\/p>\n<ul>\n<li>How emotional decisions jeopardize your portfolio<\/li>\n<li>Which warning signals you should know<\/li>\n<li>9 tips for a disciplined investment strategy<\/li>\n<\/ul>\n[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row type='in_container' full_screen_row_position='middle' column_margin='default' column_direction='default' column_direction_tablet='default' column_direction_phone='default' bg_color='rgba(63,75,111,0.2)' scene_position='center' text_color='dark' text_align='left' row_border_radius='none' row_border_radius_applies='bg' overflow='visible' class='border-box' overlay_strength='0.3\u2033 gradient_direction='left_to_right' shape_divider_position='bottom' bg_image_animation='none' shape_type=''][vc_column column_padding='no-extra-padding' column_padding_tablet='inherit' column_padding_phone='inherit' column_padding_position='all' column_element_direction_desktop='default' column_element_spacing='default' desktop_text_alignment='default' tablet_text_alignment='default' phone_text_alignment='default' background_color_opacity='1\u2033 background_hover_color_opacity='1\u2033 column_backdrop_filter='none' column_shadow='none' column_border_radius='none' column_link_target='_self' column_position='default' gradient_direction='left_to_right' overlay_strength='0.3\u2033 width='1\/1\u2033 tablet_width_inherit='default' animation_type='default' bg_image_animation='none' border_type='simple' column_border_width='none' column_border_style='solid']<div class=\"vc_row-fluid box-element-row whitepaper-box\" style=\"text-align:left\"><div class=\"box-body\"><div class=\"box-body-inner-wrapper\"><div class=\"box-body-inner\"><p class=\"box-sub-title\">Advisor<\/p><h3 class=\"box-title\">The most common mistakes when investing in stocks<\/h3><div class=\"box-content\">In this guide you will learn...<\/p>\n<ul>\n<li>how typical investor mistakes jeopardize your assets<\/li>\n<li>why fear of losses is a poor advisor<\/li>\n<li>which warning signs you must not ignore and 9 tips for investors<\/li>\n<\/ul>\n<p><\/div><\/div><a style=\"background-color:#3f4b6f;color:#ffffff\" class=\"custom-box-btn \" href=\"https:\/\/pointcapital.ch\/en\/contact-us\/guide-the-most-common-mistakes-when-investing-in-shares\/\"  ><img decoding=\"async\" src=\"https:\/\/pointcapital.ch\/wp-content\/themes\/salient-child\/img\/arrow-btn.svg\" \/>Download now<\/a><\/div><div class=\"box-image\"><img decoding=\"async\" src=\"https:\/\/pointcapital.ch\/wp-content\/uploads\/2021\/04\/PCG_Whitepaper_6.png\" width=\"100%\" alt=\"Advisor\"><\/div><\/div><\/div>[\/vc_column][\/vc_row][vc_row type='in_container' full_screen_row_position='middle' column_margin='default' column_direction='default' column_direction_tablet='default' column_direction_phone='default' scene_position='center' text_color='dark' text_align='left' row_border_radius='none' row_border_radius_applies='bg' overflow='visible' overlay_strength='0.3\u2033 gradient_direction='left_to_right' shape_divider_position='bottom' bg_image_animation='none'][vc_column column_padding='no-extra-padding' column_padding_tablet='inherit' column_padding_phone='inherit' column_padding_position='all' column_element_direction_desktop='default' column_element_spacing='default' desktop_text_alignment='default' tablet_text_alignment='default' phone_text_alignment='default' background_color_opacity='1\u2033 background_hover_color_opacity='1\u2033 column_backdrop_filter='none' column_shadow='none' column_border_radius='none' column_link_target='_self' column_position='default' gradient_direction='left_to_right' overlay_strength='0.3\u2033 width='1\/1\u2033 tablet_width_inherit='default' animation_type='default' bg_image_animation='none' border_type='simple' column_border_width='none' column_border_style='solid'][toggles style='default' border_radius='none'][toggle color='Default' heading_tag='default' heading_tag_functionality='default' title='What is the difference between active management and active speculation?'][vc_column_text css='' text_direction='default']An active portfolio concept is based on sound analysis, long-term convictions and structured decision-making processes. In contrast, speculation pursues short-term profit opportunities, often with higher risk and without a clear strategic basis.[\/vc_column_text][\/toggle][toggle color='Default' heading_tag='default' heading_tag_functionality='default' title='How objective are the decisions of an active manager?'][vc_column_text css='' text_direction='default']Professional managers like us at Point Capital work on the basis of structured processes, data analyses and research findings. Personal opinions or emotions play a subordinate role in decision-making \u2013 systematic quality assurance is key.[\/vc_column_text][\/toggle][toggle color='Default' heading_tag='default' heading_tag_functionality='default' title='Does active management also make sense for smaller assets?'][vc_column_text css='' text_direction='default']Yes, active management can also make sense for manageable investment amounts \u2013 for example, if individual goals, risk preferences or personal circumstances need to be taken into account. Many asset managers now offer graduated models.[\/vc_column_text][\/toggle][\/toggles][\/vc_column][\/vc_row][vc_row type='in_container' full_screen_row_position='middle' column_margin='default' column_direction='default' column_direction_tablet='default' column_direction_phone='default' scene_position='center' text_color='dark' text_align='left' row_border_radius='none' row_border_radius_applies='bg' overflow='visible' overlay_strength='0.3\u2033 gradient_direction='left_to_right' shape_divider_position='bottom' bg_image_animation='none'][vc_column column_padding='no-extra-padding' column_padding_tablet='inherit' column_padding_phone='inherit' column_padding_position='all' column_element_direction_desktop='default' column_element_spacing='default' desktop_text_alignment='default' tablet_text_alignment='default' phone_text_alignment='default' background_color_opacity='1\u2033 background_hover_color_opacity='1\u2033 column_backdrop_filter='none' column_shadow='none' column_border_radius='none' column_link_target='_self' column_position='default' gradient_direction='left_to_right' overlay_strength='0.3\u2033 width='1\/1\u2033 tablet_width_inherit='default' animation_type='default' bg_image_animation='none' border_type='simple' column_border_width='none' column_border_style='solid'][vc_raw_html css='']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[\/vc_raw_html][\/vc_column][\/vc_row]\n","protected":false},"excerpt":{"rendered":"<p>What is the best way to navigate in rough waters? You have to actively steer and counteract. This also applies to equity investments. Four arguments for active management on the stock market.     <\/p>\n","protected":false},"author":1,"featured_media":6485,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"wds_primary_category":0,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[304],"tags":[],"class_list":["post-6478","post","type-post","status-publish","format-standard","has-post-thumbnail","category-private-investors"],"acf":[],"_links":{"self":[{"href":"https:\/\/pointcapital.ch\/en\/wp-json\/wp\/v2\/posts\/6478","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pointcapital.ch\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pointcapital.ch\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pointcapital.ch\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pointcapital.ch\/en\/wp-json\/wp\/v2\/comments?post=6478"}],"version-history":[{"count":4,"href":"https:\/\/pointcapital.ch\/en\/wp-json\/wp\/v2\/posts\/6478\/revisions"}],"predecessor-version":[{"id":8715,"href":"https:\/\/pointcapital.ch\/en\/wp-json\/wp\/v2\/posts\/6478\/revisions\/8715"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pointcapital.ch\/en\/wp-json\/wp\/v2\/media\/6485"}],"wp:attachment":[{"href":"https:\/\/pointcapital.ch\/en\/wp-json\/wp\/v2\/media?parent=6478"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pointcapital.ch\/en\/wp-json\/wp\/v2\/categories?post=6478"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pointcapital.ch\/en\/wp-json\/wp\/v2\/tags?post=6478"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}