Active manager outperformance ‘plummeted in 2018’
Less than quarter of active equity funds beat benchmarks and just 16% of bond funds outperformed, according to Scope
Passive Management
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ETFs that exclude fossil fuels need closer scrutiny: expert
Cutting carbon producers from green ETFs is key to being an impactful investor, Jochen Wermuth says
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Passive giants take global AUM to $94trn
Managers from emerging markets have increased market share over last decade at expense of Europe, according global survey
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Active manager success rate worse than passive peers
It is more likely that passive funds will survive and generate a return in excess of their average active peers, according to Morningstar
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Passive US equity funds outperform actives
Cheapest US equity funds have produced better returns compared to pricier active peers, according to Morningstar
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‘What are the fundamental needs of the end investor?’
Christian Pellis, global head of third-party distributors at Amundi, discusses the changing relationship between fund buyers and managers, and the idea that just ‘selling funds’ may not have much of a future.
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Capital market risks loom if passives dominate
The rapid growth in passive investing is likely to cause more sudden and sharp movements in equity markets but could also give active fund manager a bigger role in influencing stock moves, according to three top industry executives.
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Fidelity steps up passives price war
Fidelity International has stepped up the passives price war with the launch of six low cost Irish-domiciled equity index funds and the reduction of pricing on three existing UK-domiciled index funds.
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Bargain hunt: cheap trackers that don’t scrimp on performance
Not all FTSE All-Share trackers are priced equally and the costliest passive exposure comes from the Virgin UK Tracker with a whopping 1% charge. Click through the gallery below for the five cheapest funds on offer and help investors get more for less.
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How to navigate rise of passives in EM equities
As cumulative flows into emerging market passive funds surpass active alternatives investors should seek opportunities further down the market-cap scale, Aviva Investors head of emerging markets and Asia Pacific Will Ballard argues.
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‘Free-riding’ passive investors under central bank scrutiny
Passive investors pay scant regard to the fundamentals of individual securities and free-ride on the work of active investors with implications for financial stability, price discovery and index correlation, according to a paper from the Bank of International Settlements.
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Active strategies overshadow passive for European investors
New Morningstar data shows that around 16% of European assets invested in funds were held in passive strategies in January 2018, much less than many had expected.