There is room for both active and passive investment management styles if advisers and clients take a truly diversified approach, delegates heard.
Speaking at the PA360 conference today (1 May), Rathbones Asset Management head of multi-asset investments David Coombs said recent market turbulence had highlighted why taking a solely passive approach can bring its own set of risks. He said: "I am not saying passive is wrong or has no place. But there are risks that not everyone is quite aware of." Coombs pointed out that Magnificent 7 stocks had been badly hit in recent volatility after riding high in 2024. "People then start to think that active has a place," he commented. Coombs said last year saw many active managers start...
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