Gill Hutchison: Opposing armies or agreeable bedfellows?
Active/passive considerations
Gill Hutchison: "The challenge from the passive industry comes at a particularly unwelcome time for fund management companies, as they grapple with a nasty cocktail of cost and regulatory pressures."
The debate about the use of active and passive funds is very often couched as being a choice of one style "versus" the other and yet, writes Gill Hutchison, that is a phoney war
The debate about the use of active and passive funds is well-rehearsed but it is very often couched in the context of one "versus" the other. This is a phoney war. The reality is that either or both types...
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