FTfm on AV

Some highlights from Monday’s FTfm.

Vanguard wins big in price war
Vanguard smashed the asset management industry’s record for net cash inflows last year with a growing audience drawn to its commitment to lower costs for investors. Read more

FTfm on AV

Some highlights from Monday’s FTfm.

Quant fund launches at record high
Trend-following quantitative “black-box” hedge funds are accounting for their highest-ever proportion of hedge fund start-ups, despite weak returns since the financial crisis. Read more

FTfm on AV

Some highlights from Monday’s FTfm.

Few active funds stay at the top
Investors that select an active fund manager because they have a successful track record have more chance of picking a dud than a winner, according a new analysis Vanguard. However, this viewpoint is hotly contested by defenders of active management. Read more

FTfm on AV

 Some highlights from Monday’s FTfm

Asset chiefs fear EU’s activities tax
The asset management industry claims it bears no responsibility for the financial crisis, but it may be on the hook to foot part of the bill as the European Commission has thrown its weight behind a financial activities tax on an EU level. Read more

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