Adam French: Can technology offer a better investment alternative?

Active managers are often criticised because of those among them who charge high fees while producing returns similar to those of an index fund. With last year's Asset Management Market Study, the Financial Conduct Authority signalled its intention to clamp down on these so-called ‘closet trackers'. For his part, Warren Buffett, one of the most successful investors in the world, has long advocated the use of ‘buy-and-hold' instead and once said his favourite holding period is "forever". But does the strategy work for everyone, or has technology enabled the development of a better alterna...