Videos: Fund Manager Q&As
What are the implications of a market where passive has grown significantly?
There has been a huge focus on cost in investment management in recent years that has led to point where about 40% of the US market is owned by passive vehicles. People have lost sight that the job of markets is to value a company, and not just see it as a bunch of prices that move every day, and it remains the role of fundamental managers to set those prices.
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