Aviva Investors' multi-manager team has said most active managers investing in UK stocks are failing to beat the FTSE All Share this year as overweights in mid- and small-cap stocks weigh on portfolios.
The group’s head of multi-asset, Peter Fitzgerald (pictured), said the team has struggled to find active managers that can outperform the index in the current market, in particular in the UK and US, where...
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