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...
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till