Posts from Sunday Jun 27 2010

FTfm on AV

Some highlights from Monday’s FTfm,

The fund management industry is heading for a “massive rebalancing”
The proportion of global assets being managed passively is expected to rise from 15 per cent to 25 per cent over the next decade, according to a report by Citigroup and Create Research. However, the growth of passives will create anomalies and inefficiencies and this could help active managers prosper once more. Read more