Active managers beat passives, UBS argues
The growth in passive asset management has been one of the biggest trends in equity markets over the past decade. Savers are constantly told passive funds are a much cheaper way to buy the market than active asset managers, who try to beat the market. The logic of that is questionable, but as Jon Hay reports, new research from UBS suggests active managers are outperforming — in Europe, at least.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: