Morningstar: Only 14.2% of active managers beat passives over the past decade
Active fund performance was especially poor in large-cap equities, making it ‘increasingly difficult to justify their higher fees’
Active fund performance was especially poor in large-cap equities, making it ‘increasingly difficult to justify their higher fees’
CEO questions whether it’s time for investors to ‘broaden their outlook on developed markets’
Of £21.3bn of UK investors’ money in US equity funds, only £167m has gone to trackers in the last year, writes Lipper’s Dewi John
Group will launch £4.5m in cost-saving measures over the coming months
Total outflows increased to £2.1bn in the first half of its financial year
Concentrated markets can be risky, but concentrated portfolios drive top returns – investors need to re-examine the balance, writes Stuart Gray