The average active fund has outperformed the average passive fund in three out of five Lipper Global sectors over the past 20 years, research by BMO Global Asset Management's multi-manager team has shown.
According to BMO GAM's latest PassiveWatch research, which reviewed the 20-year performance of all active and passive funds with available Lipper data across the UK, Europe, Asia, US and Japan, the average...
Scope for change post-Brexit
To tackle liquidity issues
More than £100m in pipeline
DB data published last week
'Heavily influenced by Morningstar'