Pedestrians are reflected in an electronic stock board in Tokyo, Japan, in 2010. Research shows that just over half of active managers outperformed a broad range of US indices during the dotcom crash in the early 2000s. Photo: Bloomberg
David Ogilvie
Opinion

Opinion

Macroscope by David Ogilvie

A financial recession may be fund managers’ last chance to win back investors from passive index funds

  • Index funds, with their sterling performances and lower fees, have quietly stolen the thunder from managed funds. The next financial meltdown could, perversely, be a chance for managers to show they are still worth investing in
Pedestrians are reflected in an electronic stock board in Tokyo, Japan, in 2010. Research shows that just over half of active managers outperformed a broad range of US indices during the dotcom crash in the early 2000s. Photo: Bloomberg
READ FULL ARTICLE